Meta planning sweeping layoffs as AI costs mount

2026-03-16

Meta is planning layoffs that could affect 20% or more of the company. The company is looking to offset costly AI infrastructure bets and prepare for greater efficiency brought about by AI-assisted workers. No date has been set, and the magnitude of the cuts has not been finalized. The layoffs could be the most significant since the company's restructuring in late 2022 and early 2023.