Meta laying off 20% of workforce

Working in tech is such a reliable way to plan to raise a family, with long-term employment stability.

https://www.reuters.com/business/world-at-work/meta-planning-sweeping-layoffs-ai-costs-mount-2026-03-14/

NEW YORK/SAN FRANCISCO, March 13 (Reuters) - Meta (META.O), opens new tab is planning sweeping layoffs that could affect 20% or more of the company, three sources familiar with the matter told Reuters, as ‌Meta seeks to offset costly artificial intelligence infrastructure bets and prepare for greater efficiency brought about by AI-assisted workers.

#AI #EmployeeRelations #Layoff #Layoffs #WorkforceReduction

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11 replies (most recent on top)

Meta … Hiring too many AI engineers with inflated salaries, many over compensated.

Too many groups in AI and lot of failures. Little kid was hired to lead AI but he failed miserably.

Their new chips are at the same level like Nvidia. They are buying more Nvidia chips.

Same issues like Elon’s Grok and chip companies. Dont believe all the BS.

META is a loser company led by a clown 🤡

@c7

Most Meta engineers can retire after a few years at this company.

LOL no

Their high salary completely vanishes into their COL in the Bay Area. The only winners are the landlords. Tech workers are just a conduit for money to flow from their employer to their landlord.

Those who managed to get into a mortgage are no better off, unless you somehow managed to time travel back to 1987 and buy a house for peanuts, the buy-in price is astronomical and that locks in a high property tax.

These people aren't poor but they aren't on a FIRE path either

Working in tech is such a reliable way to plan to raise a family, with long-term employment stability.

Most Meta engineers can retire after a few years at this company.

Cisco will follow with 30% layoffs.

Wishful interpretation: yes Meta spent tons of money. That money will reach Cisco coffers soon. While Meta was on the losing end and needs to rebalance its own stupidity or daring investments Cisco is at the receiving end for many of these expenses which, in my opinion have not reached the pipeline yet. Hence the caution in laying off more people or cattle :-) this round

Id lay off all of security
Sales specialists can't do a basic demo without the engineer there
Replace them all with a gpt subscription

"The article stresses "could" layoff up to 20%, until actually validated these are wild guesses"

it's actually between 20 to 25%

@ac get a tech job they said. Tangential but given the general malaise I’m ok with it.

Why posting Meta Layoffs news here in the Cisco section? I don't get it.

The article stresses "could" layoff up to 20%, until actually validated these are wild guesses

Thread regarding Cisco Systems Inc. layoffs

Meta laying off 20% of workforce

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