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
2 articles tagged with "Tech Industry"
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.
The Menlo Park company is shifting investment from metaverse projects to wearable technology, marking tech's first major job cuts of the year.