Meta Plans Mass Layoffs Amid AI Pivot
Meta is planning sweeping layoffs that could affect 20% or more of its workforce, three sources told Reuters on March 14, 2026, as it seeks to offset costly AI infrastructure bets and boost efficiency. CEO Mark Zuckerberg is pushing aggressive generative-AI initiatives, including offering large pay packages, acquiring startups Moltbook and Manus, and pledging $600 billion for data centers by 2028, shifting resources toward AI.
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