WORLDglobal
Meta planning sweeping layoffs
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Updated 5 hours ago
First seen March 15, 2026 16:44:09Stay on top of this story
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Quick Summary
NEW YORK (Reuters) -- Meta is planning sweeping layoffs that could affect 20 percent or more of the company, three sources familiar with the matter told Reuters, as Meta seeks to offset costly artificial intelligence infrastructure bets and prepare for greater efficiency brought about by AI-assisted workers. No date has been set for the cuts and the magnitude has not been finalized, the people said. Top executives have recently signaled the plans to other senior leaders at Meta and told them t