Source: Insider - Meta could lay off at least 20% of its workforce

BlockBeats News, March 14th, according to foreign media citing sources, Meta plans to conduct a large-scale layoff that could affect 20% or more of its employees as Meta seeks to offset the expensive bet on AI infrastructure and prepare for enhancing the efficiency of AI-assisted employees.

The sources said that the layoff date is not yet set, and the scale is not final. If the layoff rate is confirmed to be 20%, then this layoff will be the most significant one for Meta since the restructuring known as the "Efficiency Year" that took place between the end of 2022 and the beginning of 2023. (Jinse)