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Meta Reportedly Planning Major Layoffs, Could Impact 20% Of Its Workforce

MediaPost.com: MediaDailyNews · Colin Kirkland · last updated

Meta is reportedly planning a round of layoffs that could potentially impact 20% or more of the company’s 80,000 employees.

Following major cuts to its Reality Labs division and Meta’s ongoing pursuit of personal superintelligence, Meta is reportedly planning a round of layoffs that could potentially impact 20% or more of the company’s 80,000 employees.

According to information that three unnamed sources shared with Reuters, “top executives have recently signaled the plans to other senior leaders at Meta and told them to begin planning how to pare back.” Meta has not confirmed or denied the plans.

A layoff of 20% of Meta’s workforce would result in almost 16,000 people losing their jobs across the globe and would mark the company’s largest round of layoffs since 2022 and 2023, when a combined total of 21,000 staffers lost their jobs per CEO Mark Zuckerberg’s proclaimed “year of efficiency.”

More recently, Meta cut roughly 10% of its Reality Labs jobs (about 1,500 people) following a major reduction in the division’s spending as the company funnels more of its money into its artificial intelligence ambitions 00 investing heavily in AI chips, top talent, data centers, and strategic acquisitions, including last week’s purchase of AI agent and social media platform Moltbook.

By 2028, Meta plans to invest up to $600 billion in the construction of U.S. data centers.

Other tech leaders are also planning sweeping layoffs — including Amazon, which plans to cut 16,000 jobs, while the Jack Dorsey-led fintech company Block cut half its staff last month due to advances in AI.

“Intelligence tools have changed what it means to build and run a company,” Dorsey explained in a letter to Block shareholders. “A significantly smaller team, using the tools we’re building, can do more and do it better.”

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