Meta Plans to Lay Off 16,000 Employees in 2026
Meta is planning to cut roughly 16,000 jobs—about 20% of its workforce—to offset rising costs tied to its massive artificial intelligence investments.
By Nina Alvarez
3 articles tagged with "Meta"
Meta is planning to cut roughly 16,000 jobs—about 20% of its workforce—to offset rising costs tied to its massive artificial intelligence investments.
Meta is buying Moltbook, a Reddit-style social network for AI agents, while OpenAI hires one of its developers in a major AI industry shakeup.
The Menlo Park company is shifting investment from metaverse projects to wearable technology, marking tech's first major job cuts of the year.