Meta is reportedly considering significant workforce reductions that could affect 20 percent or more of its employees, according to a report by Reuters. The potential layoffs come as the company increases spending on artificial intelligence infrastructure, acquisitions, and hiring related to its AI strategy.
The parent company of Facebook employed nearly 79,000 people as of December 31, according to a recent corporate filing. A spokesperson for Meta said the reported plans were speculative and described the discussion as reporting about theoretical approaches rather than confirmed actions.
Industry observers note that many technology companies are restructuring as artificial intelligence reshapes corporate operations. Some executives, including OpenAI CEO Sam Altman, have suggested that companies may sometimes attribute layoffs to AI-driven automation while broader business factors are also at play.
Meta previously carried out major workforce reductions in November 2022, when it eliminated 11,000 positions, followed by an additional 10,000 job cuts in March 2023.
