Meta lays off 700 workers as AI spending increases

Meta is laying off 700 employees across company divisions while introducing a stock compensation program for six executives. According to The New York Times, the affected divisions include Reality Labs, social media, sales, and talent acquisition. These reductions account for a small percentage of Meta's nearly 79,000-person headcount recorded at the close of 2025, according to The Verge. The job reductions align with a shift from metaverse development to artificial intelligence infrastructure. According ...