Meta to cut 10% of staff as it pours billions into AI - CNN

Meta plans to cut roughly 10% of its workforce as it shifts spending toward AI development, a move driven by rising AI costs and higher capital spending expectations. Those planned cuts have now begun in earnest, with layoff emails going out to about 8,000 employees and severance details being communicated to impacted staff. Recent reporting underscores that the reductions are part of a broad reorganization to prioritize AI investment over near‑term headcount.