Meta is weighing major layoffs as it pours billions into AI

Meta CEO Mark Zuckerberg

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• Meta is preparing for possible layoffs, with some managers asked to draw up cost-cutting plans.
• The cuts could come as Meta ramps up spending on AI infrastructure and talent.
• The potential cuts would underscore how aggressively Big Tech is trimming head count to finance the AI boom.

Meta is gearing up for possible layoffs as it pours billions into AI, two senior employees familiar with the matter told Business Insider.