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Meta is laying off hundreds of employees as it pours money into AI

Meta is laying off hundreds of employees across recruiting, social media, sales, and its Reality Labs division as it restructures to focus resources on AI development. The company states it is finding other opportunities for affected employees where possible. This reflects a strategic shift toward prioritizing AI investments amid broader tech industry realignments.

Background

Major tech companies have been restructuring workforces and reallocating budgets toward AI development in recent years, following rapid advancements in generative AI. Meta has been investing heavily in its AI research and metaverse initiatives through Reality Labs.

Source
The Verge
Published
Mar 26, 2026 at 05:10 AM
Score
6.0 / 10