Meta Platforms Inc. will cut about 10 percent of its workforce as Meta job cuts intensify amid rising investment in artificial intelligence.
The Meta job cuts are expected to affect roughly 8,000 employees. The company also plans to halt hiring for thousands of open roles. The Meta job cuts are linked to increased spending on artificial intelligence. The company is projected to spend 135 billion dollars on AI this year.
This amount is nearly equal to what Meta has spent on AI over the past three years combined. A spokesperson confirmed the Meta job cuts but declined to provide further details.
AI driving workforce changes at Meta
Chief Executive Officer of Meta, Mark Zuckerberg, had earlier hinted at the move. He pointed to growing efficiency driven by AI tools.
He explained that workers using AI can now complete tasks that previously required large teams. He also stated that 2026 will significantly change how work is done.
The upcoming Meta job cuts will be the company’s largest since 2023. Earlier this year, about 2,000 workers were laid off in smaller rounds.
Reports suggest employees had anticipated deeper reductions, as the Meta job cuts reflect a broader shift towards AI-driven operations.
