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Meta planning sweeping layoffs as AI costs mount
Financial Express Chandigarh
|March 15, 2026
META 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.
No date has been set for the cuts and the magnitude has not been finalised, the people said.
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Financial Express Chandigarh
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Meta planning sweeping layoffs as AI costs mount
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Financial Express Chandigarh
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