Meta Plans Major Layoffs as AI Investments Strain Costs in 2026

Meta Platforms (NASDAQ: META) is preparing for sweeping layoffs in 2026, potentially impacting 20% or more of its global workforce, as the company grapples with escalating costs tied to its aggressive push into artificial intelligence. The planned cuts, which could affect tens of thousands of employees, come as Meta seeks to rein in expenses amid […] The post Meta Plans Major Layoffs as AI Investments Strain Costs in 2026 appeared first on the deep dive.