Saturday, 14 March, 2026
Meta Plans Sweeping Layoffs as Massive AI Infrastructure Costs Mount
By Isha
Meta is preparing for significant job cuts, potentially impacting 20% or more of its workforce, as the company seeks to offset staggering investments in artificial intelligence infrastructure. CEO Mark Zuckerberg is pivoting toward AI-assisted efficiency, aiming to achieve project goals with leaner teams. These planned layoffs highlight a broader industry trend where tech giants are streamlining operations to balance the high capital expenditure.
Read full story at Economic Times