#metaplanslayoffs: Meta Platforms is reportedly planning major layoffs that could affect up to ~20% of its workforce (≈15k–16k jobs). The move comes as the company shifts heavy resources into AI infrastructure, data centers, and model development like Llama. Cost cutting and automation are key drivers, as AI tools reduce the need for large teams. Investors see it as both expense control and an aggressive AI pivot, signaling a wider tech-industry shift toward AI-first operations.