By @proactive_x
Publication Date: 2026-03-16 15:40:00
Another wave of tech job cuts may be on the horizon – and this time Meta Platforms Inc (NASDAQ:META, XETRA:FB2A, SIX:FB) is taking center stage.
Reports over the weekend suggested the social media giant is preparing a sweeping wave of layoffs as it ramps up spending on artificial intelligence infrastructure and talent. The potential cuts – which would affect up to 20% of the workforce, according to Reuters, which first reported the story on Saturday – would represent one of the largest restructuring moves in the company’s history and underscore how aggressively big tech companies are reshaping their cost bases to finance the next phase of the AI arms race.
Investors were already unsettled by the general shift. Shares of Meta Platforms closed about 3.8% lower at about $613.71 on Friday, leaving the stock down more than 21% over the past six months as markets weigh the rising costs of building large AI platforms – and new doubts about execution after…
