Meta President & Vice Chairman Dina Powell McCormick joins ‘Mornings with Maria’ to debate how AI-powered sensible glasses are reworking lives, restoring independence to blinded veterans and fueling explosive firm progress.
Meta is getting ready to chop hundreds of jobs as early as subsequent month, with deeper layoffs anticipated later this 12 months, based on a report.
The tech big intends to slash roughly 10% of its world workforce — or practically 8,000 workers — in an preliminary spherical of cuts on Could 20, sources advised Reuters.
The corporate can be planning extra layoffs within the second half of the 12 months, although particulars together with timing and scope stay unclear, the outlet reported.
The report follows earlier Reuters reporting that Meta was weighing cuts that might have an effect on at the very least 20% of its workforce because it seeks to offset rising synthetic intelligence prices.
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Meta CEO Mark Zuckerberg leaves the federal courthouse in downtown Los Angeles after defending the corporate in a landmark social media habit trial in Los Angeles Feb. 19, 2026. (Jon Putman/Anadolu through Getty Pictures / Getty Pictures)
When reached by FOX Enterprise, Meta declined to remark.
Beforehand, a Meta spokesperson advised FOX Enterprise the sooner Reuters report was “a speculative report about theoretical approaches.”
The cuts come as Meta seems to offset the price of AI infrastructure and streamline operations with AI-assisted employees.
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Signage outdoors Meta headquarters in Menlo Park, Calif., April 20, 2023. (David Paul Morris/Bloomberg through Getty Pictures / Getty Pictures)
CEO Mark Zuckerberg has invested billions of {dollars} in synthetic intelligence as the corporate pivots towards the expertise.
Meta has additionally reorganized groups inside its Actuality Labs division and moved engineers into a brand new Utilized AI group targeted on growing AI brokers able to writing code and performing advanced duties, based on Reuters.
Meta employed practically 79,000 individuals as of Dec. 31, based on its newest submitting.
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Mark Zuckerberg, CEO of Meta Platforms Inc., seems throughout the Meta Join occasion in Menlo Park, Calif., Sept. 17, 2025. (David Paul Morris/Bloomberg through Getty Pictures / Getty Pictures)
A 20% discount would mark Meta’s largest restructuring since 2022 and early 2023.
The corporate laid off 11,000 employees in November 2022 — about 13% of its workforce — and minimize one other 10,000 jobs months later.
Different main firms, together with Amazon, have additionally introduced layoffs linked to AI developments.
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Amazon mentioned in January it could minimize round 16,000 jobs after beforehand asserting about 14,000 white-collar layoffs in October, bringing whole reductions to roughly 30,000 roles.
Reuters contributed to this report.
