Meta is reported to plan layoffs of 20% or more

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According to reports from Reuters and other media outlets on the 14th, American tech giant Meta is planning large-scale layoffs, with the layoff rate possibly reaching 20% or higher. The goal is to cut costs, offset massive investments in AI infrastructure, and prepare for efficiency gains brought by AI-assisted work. The company announced plans to invest $600 billion in data center construction by 2028, while also spending at least several billion dollars on multiple acquisitions. To build its team, Meta is offering top AI researchers four-year compensation packages worth hundreds of millions of dollars. At the same time, the company’s focus on improving efficiency has somewhat accelerated layoffs.

CEO Mark Zuckerberg stated in January that he has found that projects that once required large teams can now be completed by a highly talented individual. This remark seems to foreshadow the layoffs. (CCTV Finance)

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