Meta is reportedly laying off up to 20 percent of its staff

Terrence O’Brien 2026-03-14T14:48:56-04:00 · Business, Technology

myndfocal

According to Reuters, Meta is looking to offset spending on AI and data centers with a massive round of layoffs. Sources familiar with the matter say the company could lay off as much as 20 percent of its staff, eliminating roughly 15,800 positions. That would be the largest series of layoffs at the company since […]

According to

Reuters

, Meta is looking to offset spending on

and

data centers

with a massive round of layoffs. Sources familiar with the matter say the company could lay off as much as

20 percent

of its staff, eliminating roughly 15,800 positions. That would be the largest series of layoffs at the company since it terminated 22,000 workers over just a few months between

November 2022

and

early 2023

Word of the potential downsizing comes after Meta signaled that it was all but

giving

up on

and the

Metaverse

slashing budgets

and

closing studios

. Instead, the company has been spending big to attract

AI talent

, build

data centers

, and ac …

Read the full story at The Verge.

— Source: The Verge (https://www.theverge.com/business/895026/meta-laying-off-20-percent)

Business Technology

Read original on The Verge →