
Meta is reportedly considering significant layoffs affecting up to 20% of its workforce to offset rising costs from artificial intelligence investments and improve efficiency, according to unnamed sources cited by Reuters. These cuts would be the largest since Meta's 2022-23 restructuring. However, Meta spokesperson Andy Stone described these reports as speculative, noting no final decisions or timelines have been set. The company plans to invest $600 billion in data centers by 2028 and has acquired AI-related startups to support its ambitions.
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