Meta plans to cut at least 20% of its workforce as it pivots resources toward costly AI investments, according to Reuters. The move should materially reduce headcount-related costs but signals near-term disruption and execution risk as the company reallocates capital to AI, likely affecting investor sentiment and Meta’s stock by a few percent.
Meta plans to cut at least 20% of its workforce as it pivots resources toward costly AI investments, according to Reuters. The move should materially reduce headcount-related costs but signals near-term disruption and execution risk as the company reallocates capital to AI, likely affecting investor sentiment and Meta’s stock by a few percent.
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