Meta Platforms has begun laying off several hundred employees across multiple departments as part of a broader effort to manage costs. This move comes amid earlier reports suggesting the company was considering cuts impacting 20% or more of its workforce, although Wednesday’s layoffs are on a smaller scale.
Earlier indications revealed that Meta’s Reality Labs division, social media teams, and recruiting operations would be among those affected by the reductions. The company regularly restructures teams to better align with its strategic goals, and where possible, it is seeking alternative roles for impacted employees.
In a significant development, Meta is aiming to offset rising expenses associated with its substantial investments in artificial intelligence. The company has projected total costs between $162 billion and $169 billion for 2026, driven in part by increased employee compensation as it competes to attract top AI talent.
As of December 31, Meta employed nearly 79,000 people, its annual report. The layoffs reflect the company’s ongoing efforts to balance growth ambitions with financial sustainability amid a competitive tech landscape.
