Meta is reportedly planning to cut at least 20% of its workforce to offset massive investments in Artificial Intelligence. According to Reuters, the company expects to spend $600 billion on data center construction through 2028.
- Significant Cuts: This would mark the largest reduction since November 2022, when Meta cut 13% of its staff.
- AI Pivot: The capital saved from personnel reduction will likely be redirected to high-cost AI infrastructure.
- Strategic Shift: These measures reflect Meta’s commitment to leading the AI race, despite the high financial toll on its current operations.
