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Meta Planning Up to 16,000 Layoffs While Doubling AI Spend
Meta is reportedly cutting up to 20% of its 79,000-person workforce while simultaneously pushing a $600B AI infrastructure buildout. The company announced a multiyear strategic partnership with NVIDIA spanning on-premises, cloud, and AI infrastructure, deploying millions of Blackwell and Rubin GPUs.
Why it matters: This is the clearest signal yet that AI capex is cannibalizing headcount at the largest tech companies. Meta is trading people for compute at an unprecedented scale.

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