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Meta Plans Sweeping Layoffs as AI Costs Mount

63    2026-03-16

Reuters exclusive: Meta is planning major layoffs potentially affecting 20%+ of workforce to offset soaring AI infrastructure costs (planning $600B in data centers by 2028). Aims for efficiency via AI-assisted workers amid ongoing acquisitions like Moltbook. Sparks widespread X discussion on Silicon Valley layoffs and AI spending sustainability.
Keywords: Meta, layoffs, AI costs, data centers, Moltbook

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