Skip to content
South African Live
Menu
  • Home
  • Entertainment
  • Politics
  • Fashion
  • Sports
  • Tech
  • Business
  • About us
Menu

Meta planning layoffs that could hit 20% of workforce

Posted on March 16, 2026
54

Meta planning layoffs that could hit 20% of workforce

Meta Platforms is planning sweeping layoffs that could affect 20% or more of the company, three sources familiar with the matter have said, as Meta seeks to offset costly AI infrastructure bets and prepare for greater efficiency brought about by AI-assisted workers.

No date has been set for the cuts and the magnitude has not been finalised, the people said.

Top executives have recently signalled the plans to other senior leaders at Meta and told them to begin planning how to pare back, two of the people said. The sources spoke anonymously because they were not authorised to disclose the cuts.

CEO Mark Zuckerberg has been pushing Meta to compete more forcefully in generative AI

“This is speculative reporting about theoretical approaches,” Meta spokesman Andy Stone said in response to questions about the plan.

If Meta settles on the 20% figure, the layoffs will be the company’s most significant since a restructuring in late 2022 and early 2023 that it dubbed the “year of efficiency”. It employed nearly 79 000 people as of 31 December, according to its latest filing.

The company laid off 11 000 staffers in November 2022, or around 13% of its workforce at the time. Around four months later, it announced it was cutting another 10 000 jobs.

Over the last year, CEO Mark Zuckerberg has been pushing Meta to compete more forcefully in generative AI. The company has offered huge pay packages, some worth hundreds of millions of dollars over four years, to court top AI researchers to a new superintelligence team.

Acquisitions

The company has said it plans to invest US$600-billion to build data centres by 2028. Earlier this week, it acquired Moltbook, a social networking platform built for AI agents. Meta is also spending at least $2-billion to buy Chinese AI start-up Manus.

Zuckerberg has alluded to efficiency gains from the investments, saying in January he was starting to see “projects that used to require big teams now be accomplished by a single very talented person”.

Read: The AI jobs reckoning is here

Meta’s plans reflect a broader pattern among major US companies, particularly in tech, this year. Executives have pointed to recent improvements in AI systems as one reason for the changes.

In January, Amazon confirmed it would cut some 16 000 jobs, amounting to nearly 10% of its workforce. Last month, the fintech company Block chopped nearly half of its staff, with CEO Jack Dorsey explicitly pointing to AI tools and their growing capability to help companies do more with smaller teams.

Mark Zuckerberg
Mark Zuckerberg

Meta’s planned AI investments follow a series of setbacks with its Llama 4 models last year, including criticism that it provided misleading results on the benchmarks it used for early versions. It abandoned the release of the largest version of that model, called Behemoth.

The superintelligence team has been working to reassert the company’s standing this year by building a new model called Avocado, but the performance of that model has also lagged expectations.  — Deepa Seetharaman, Jeff Horwitz and Katie Paul, (c) 2026 Reuters

Get breaking news from TechCentral on WhatsApp. Sign up here.

Recent Posts

  • Fans celebrate Black Coffee’s recovery progress after photos show him using both arms
  • Gogo Skhotheni announces rainbow baby
  • Pirates and Sundowns stars who could become household names at FIFA World Cup 2026
  • Fraud complaints at the banking ombud nearly double in a year as digital scams surge
  • Rachel Kolisi on working at a Bnb

First established in 2020 by iReport Media Group, southafricanlive.co.za has evolved to become one of the most-read websites in South Africa. Published by iReport Media Group since 2020, find out all about us right here.

We bring you the latest breaking news updates, from South Africa and the African continent. South African Live is an independent, no agenda and no bias online news disruptor that goes beyond the news and behind the headlines. We believe what sets us apart is that we deliver news differently. While we hold ourselves to the utmost journalistic integrity of being truthful, we encourage a writing style that is acerbic and conversational, when appropriate.

LATEST NEWS

  • Fans celebrate Black Coffee’s recovery progress after photos show him using both arms
  • Gogo Skhotheni announces rainbow baby
  • Pirates and Sundowns stars who could become household names at FIFA World Cup 2026
  • Fraud complaints at the banking ombud nearly double in a year as digital scams surge
  • Rachel Kolisi on working at a Bnb

Menu

  • Entertainment
  • Business
  • Politics
  • Tech
  • Fashion
  • Sports
  • About us
©2026 South African Live | Design: Newspaperly WordPress Theme