Mounting AI Expenses Drive Meta's Extensive Layoff Preparations

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Meta plans massive layoffs amid soaring AI costs, 20% workforce at risk

The EU says Meta may be unfairly blocking AI rivals on WhatsApp, while Meta argues that people have plenty of other ways to use AI, so the EU shouldn't interfere./Image Reuters

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CNBC TV18•14-03-2026, 09:12

Meta plans massive layoffs amid soaring AI costs, 20% workforce at risk

•Meta is reportedly planning sweeping layoffs that could affect 20% or more of its workforce.
•The move aims to offset costly AI infrastructure investments and prepare for greater efficiency from AI-assisted workers.
•CEO Mark Zuckerberg is heavily focused on generative AI, investing billions despite recent setbacks with models like Llama 4 and Avocado.
•This follows previous large-scale layoffs by Meta and mirrors a trend in the tech industry, with Amazon and Block also cutting jobs due to AI.
•No date or final magnitude for the cuts has been set, and a Meta spokesperson called the reports "speculative."

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