Meta Planning Sweeping Layoffs as AI Costs Mount

Meta is planning sweeping layoffs that could affect 20% or more of the company, according to sources familiar with the matter.

The layoffs come as Meta seeks to offset rising AI infrastructure costs. The company has been investing heavily in AI development, including the recently delayed Avocado AI model.

This marks a significant shift in Meta strategy, as the company balances its AI ambitions with cost management. The job cuts could impact thousands of employees globally.

The move follows similar trends in the tech industry, where companies are increasingly looking to automate operations through AI while also cutting costs.

*参考来源: Reuters