Meta plans to cut 10% of workforce, or 8,000 jobs, as it doubles down on AI
Meta plans to cut 10% of workforce, about 8,000 jobs, while increasing AI spending to $135 billion.
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meta is cutting about 8,000 jobs — roughly 10% of its workforce — as it pours money into ai. the company plans to spend up to $135 billion on ai this year alone. this is the latest round of layoffs from meta, which has been trimming headcount since 2023 as part of what ceo mark zuckerberg called the "year of efficiency." the cuts come as meta competes with microsoft, google, and openai for ai talent and infrastructure.
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