Meta layoffs: Workforce could shrink by 20% amid billions-worth AI ambitions for 2028 – Report

Amid the seemingly never-ending wave of layoffs impacting the tech world, a new report’s emergence signalled that about 20% (or more) workforce at Meta could shrink as the company focusses on expanding its investments in artificial intelligence.

According to three sources cited by Reuters, top executives at Meta have shared to the plans with other senior leaders at the Mark Zuckerberg-led company, and they aim to achieve greater efficiency linked to AI-assisted workers. If the 20% layoffs actually go through, they will be the company’s most significant since a restructuring in late 2022 and early 2023.