Exclusive-Meta planning sweeping layoffs as AI costs mount

Meta is planning sweeping layoffs that could affect 20% or 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. Top executives have recently signaled the plans to other senior ​leaders at Meta and told them to begin planning how to pare back, two of the people said. "This is speculative reporting about theoretical approaches," M