Meta is laying off hundreds of employees as it pours money into AI

Meta is laying off hundreds of employees across recruiting, social media, sales teams, and Reality Labs division as the company continues its heavy investment in AI. The layoffs impact workers developing VR headsets and smart glasses while Meta restructures to better position teams for achieving AI-focused goals.

• →Meta is cutting hundreds of jobs across multiple divisions including recruiting, social media, sales, and Reality Labs.
• →The layoffs coincide with Meta's continued massive investments in artificial intelligence development.
• →Reality Labs, which develops VR headsets and smart glasses, is among the affected divisions.
• →Meta spokesperson stated teams are restructuring to better position for achieving their goals.
• →The company is attempting to find alternative opportunities for impacted employees where possible.