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International Business Times UK
International Business Times UK
Business
Athena Freya

Meta Faces Potential 20% Layoffs as AI Spending Tops $135 Billion in 2026

Meta’s AI expansion prompts potential staff reductions across departments (Photo: Pexels)

Meta is preparing for a significant workforce overhaul in 2026, with sources indicating that up to 20% of its staff could be affected. The move comes as the company increases its artificial intelligence investments, projected to exceed $135 billion (£101 bn) this year, signalling a major strategic pivot. This development occurs alongside unprecedented job reductions across the technology sector, highlighting a growing tension between innovation ambitions and operational management. Experts suggest these changes could reshape how tech companies allocate talent and prioritise resources, particularly as competition intensifies among global technology firms investing heavily in AI.

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