Meta layoffs: Mark Zuckerberg's tech firm plans to cut nearly 16,000 jobs as AI costs mount, says report — what we know

Meta is reportedly planning massive layoffs of nearly 16,000 employees (approximately 20% of workforce) as AI development costs mount, marking the largest job cuts since the company's 2022-23 'year of efficiency' restructuring. This represents a significant case of AI advancement directly driving large-scale labor displacement at one of the world's biggest tech companies.