#metaplanslayoffs $BTC Meta (META.O), Meta may cut up to 20% of its employees to free up money for AI development and make the company more efficient. opens new tab is planning sweeping layoffs ​that could affect 20% or more of the company, three sources familiar with the matter told Reuters, as ‌Meta seeks to offset costly artificial intelligence infrastructure bets and prepare for greater efficiency brought about by AI-assisted workers.