Saturday, 14 March, 2026
Meta Plans Significant Job Cuts as AI Infrastructure Costs Rise
By Isha
Meta is reportedly planning sweeping layoffs that could impact 20% or more of its workforce as the company grapples with the high costs of building artificial intelligence infrastructure. CEO Mark Zuckerberg is pivoting toward greater efficiency, leveraging AI tools to accomplish tasks with leaner teams. This potential restructuring reflects a broader tech industry trend of streamlining operations to balance massive capital investments in generative AI.
Read full story at Economic Times