Meta plans massive layoffs amid soaring AI costs, 20% workforce at risk

• Meta is reportedly planning sweeping layoffs that could affect 20% or more of its workforce.
• The move aims to offset costly AI infrastructure investments and prepare for greater efficiency from AI-assisted workers.
• CEO Mark Zuckerberg is heavily focused on generative AI, investing billions despite recent setbacks with models like Llama 4 and Avocado.
• This follows previous large-scale layoffs by Meta and mirrors a trend in the tech industry, with Amazon and Block also cutting jobs due to AI.
• No date or final magnitude for the cuts has been set, and a Meta spokesperson called the reports "speculative."