hmzi qureshi

#MetaPlansLayoffs Meta Platforms is reportedly considering layoffs that could impact up to 20% of its workforce, according to sources cited by Reuters. The potential move is said to be part of the company’s effort to offset the rising costs of artificial intelligence infrastructure and adapt to increased efficiency from AI-assisted workers. However, a spokesperson for Meta told Fox Business that the report is “speculative” and based on theoretical approaches, adding that no final decision has been made regarding the timing or size of any layoffs. As AI investments surge across the tech industry, companies are increasingly balancing massive infrastructure costs with workforce restructuring.