Meta is laying off hundreds of employees as it pours money into AI

Meta is laying off hundreds of employees across several divisions, including recruiting, social media, sales, and Reality Labs, according to multiple reports. A company spokesperson confirmed that teams regularly restructure to meet goals, and they are trying to find other roles for impacted employees where possible, though the exact number of cuts was not specified. This move comes as Meta is significantly shifting focus and investment away from the metaverse, projecting spending up to $135 billion on its AI data center buildout. This follows previous cuts in January, which saw at least 1,000 Reality Labs workers laid off, the shuttering of VR studios, and the halting of content for its VR fitness app.

(Source：The Verge)