Meta is reportedly preparing to cut roughly one-fifth of its staff as the company ramps up spending on artificial intelligence. Executives have asked peers to begin planning for the layoffs, though no exact headcount or timeline has been disclosed. The move comes amid Meta's aggressive AI hiring, large acquisitions, and a $600 billion data‑center investment plan through 2028. While the company seeks to lower costs by leveraging AI tools, it continues to pursue ambitious projects such as the Avocado model and new AI‑focused acquisitions. Read more →