Meta Slashes Hundreds of Jobs Amid AI Push, Wearables and AR Teams Hit Hardest

• Meta has cut hundreds of jobs across sales, recruiting, and Reality Labs hardware division in a restructuring effort.
• Layoffs impact employees in both the U.S. and international markets, with some offered internal transfers.
• The cuts affect fewer than 1,000 employees out of Meta's 79,000 global workforce.
• Meta is aggressively investing in AI, projecting record capital expenditures and integrating AI into workflows.
• Reality Labs, focusing on VR headsets, has seen multiple job cuts this year as Meta prioritizes AI implementation.