Meta plans to cut up to 20 percent of its workforce

Meta is preparing to eliminate as much as 20 percent of its approximately 79,000-person workforce, Reuters reported March 13, citing three anonymous sources. No final number or timeline is set; senior leaders have been asked to prepare contingency plans. The cuts are framed as a cost offset for Meta's planned $600 billion in data center spending through 2028.

At 20 percent, roughly 15,800 jobs would go -- more than the 21,000 shed across Meta's 2022-2023 "year of efficiency." Zuckerberg has told staff that AI enables individuals to do the work of entire teams. Meta spokesperson Andy Stone called the report "speculative reporting about theoretical approaches."