Meta Platforms Almost Slashed 60% of Jobs in AI Push. What Comes Next for META Stock.
Meta considered cutting some teams by as much as 60% for its AI-driven Project OT restructuring, but ultimately laid off about 10% of its workforce in May (~8,000 employees) and scrapped a planned second round after backlash and disappointing productivity gains from AI tools.
Aug 26, 2026 ·
Yahoo Finance

















