ADVERTISEMENTTop executives have recently signaled the plans to other senior leaders at Meta and told them to begin planning how to pare back, two of the people said. "This is speculative reporting about theoretical approaches," Meta spokesperson Andy Stone said in response to questions about the plan. Zuckerberg focusing on generative AIOver the last year, CEO Mark Zuckerberg has been pushing Meta to compete more forcefully in generative AI. Meta is also spending at least $2 billion to buy Chinese AI startup Manus, Reuters previously reported. In January, Amazon confirmed it would cut some 16,000 jobs, amounting to nearly 10% of its workforce.

Source: The Telegraph March 14, 2026 04:15 UTC