New Delhi: Meta Platforms is reportedly considering another major round of layoffs as the US tech giant looks to improve operational efficiency while ramping up spending on artificial intelligence infrastructure and technology.
A Reuters report, citing people familiar with the matter, said that internal discussions have considered cuts of up to 20 per cent or more of Meta’s workforce, or 16,000 employees, based on the company’s headcount of nearly 79,000 at the end of December.
While Meta’s spokesperson, Andy Stone, described the report as “speculative reporting about theoretical approaches,” it said that no final decision had been made about the scale or timing of the layoffs.
Senior executives, according to the report, have communicated potential workforce reductions to other leaders and requested teams to evaluate ways to streamline operations. At the reported scale, the move would be Meta’s largest restructuring since the company cut over 21,000 jobs collectively in 2022 and 2023 in a cost‑cutting drive.
The reported layoffs come as CEO Mark Zuckerberg pushes the company to compete more aggressively in generative AI space.
Morgan Stanley in a recent report had suggested that long-term impact of AI on jobs may be less severe than many expect.
According to the report, while some roles will be automated, most workers are unlikely to be permanently left behind. Instead, the report expects many to transition into new job types, including those that do not yet exist. The bank said artificial intelligence will change the nature of work rather than eliminate it entirely.
Several tech industry leaders have said that most white‑collar roles that rely on computers could be automated within the next 12 to 18 months
US tech giant Oracle plans to cut 20,000 to 30,000 jobs to expand its AI data‑centre capacity, while Amazon recently announced lay off 16,000 employees as part of its AI restructure plan.
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—IANS
