Meta is reportedly exploring a new round of layoffs that could affect 20% or more of its workforce, according to Reuters. The possible cuts come as the company ramps up spending on artificial intelligence, including data center infrastructure, acquisitions, and new hiring tied to AI projects. Reports Techcrunch.com.
Facebook’s parent company had nearly 79,000 employees as of December 31, based on a recent filing. If layoffs on the reported scale move forward, tens of thousands of jobs could be at risk. Meta, however, pushed back on the report, with a spokesperson describing it as speculative and focused on theoretical options.
The report arrives at a time when several major technology companies are reducing staff while presenting AI as a key reason. Some firms argue automation is changing how much labor they need. At the same time, critics say some companies may be using AI as a convenient explanation for broader cost-cutting plans or earlier overexpansion.
Meta has already carried out major layoffs in recent years. In November 2022, the company cut 11,000 jobs, and in March 2023 it announced another 10,000 layoffs. Any fresh reduction would signal that pressure to control costs remains high even as Meta continues to invest heavily in AI.
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