Meta is reportedly planning to lay off up to 20% of its staff, potentially cutting around 15,800 jobs, as part of a strategic shift away from VR and the Metaverse to focus investment on AI and data centers. This would be the company's largest round of layoffs since its major cuts in 2022-2023. The move highlights the intense financial pressure and strategic realignment within Big Tech as companies compete in the AI race.
Background
Meta (formerly Facebook) has been undergoing significant restructuring, shifting its focus from its Metaverse ambitions toward heavy investment in artificial intelligence infrastructure and talent acquisition. This follows previous large-scale layoffs in late 2022 and early 2023.
- Source
- The Verge
- Published
- Mar 15, 2026 at 02:48 AM
- Score
- 6.0 / 10