Meta, the company that owns Facebook and Instagram, is considering cutting its workforce by up to 20% in a move aimed at addressing the massive costs of investing in artificial intelligence projects. The decision reflects the growing financial pressures on major tech companies as the development and application of AI technologies in digital products and services accelerate. The goal of the layoffs is to redirect resources toward technological innovation and boost investments in smart systems, while striving to maintain the company’s stability and profitability. This move coincides with a wave of similar cutbacks at other tech companies, highlighting the economic challenges associated with the transition toward intensive artificial intelligence.
Meta is considering laying off about 20% of its workforce to offset the costs of artificial intelligence.
