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Meta Faces Potential 20% Layoffs as AI Spending Tops $135 Billion in 2026

Meta
International Business Times Fews App News Provider
Fews App Post Time 9h ago

Meta is preparing for a significant workforce overhaul in 2026, with sources indicating that up to 20% of its staff could be affected. The move comes as the company increases its artificial intelligence investments, projected to exceed $135 billion (£101 bn) this year, signalling a major strategic pivot. This development occurs alongside unprecedented job reductions across the technology sector, highlighting a growing tension between innovation ambitions and operational management.

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