Meta Announces Mass Layoffs

The initial wave will be followed by additional reductions later in the year as the company seeks to streamline operations and focus on high-priority AI projects.

Mark Zuckerberg's 'year of efficiency' appears to be extending as Meta grapples with shifting market demands and increased competition.

Securities filings also revealed that Meta paid Broadcom $2.3 billion in 2025 for assistance in designing specialized AI chips.

The layoffs are expected to impact various departments, with details on specific roles still being finalized.