Business

Meta denies reports of 20% workforce reduction

Meta has denied a Reuters report suggesting it was planning to cut up to 20% of its staff, calling the information false.

Image from marketwatch.com

Image: marketwatch.com

Meta Platforms has denied a report from Reuters, published on March 14, 2026, which claimed the company was considering workforce reductions of up to 20%. A Meta spokesperson stated the report was "not accurate" and that the company is not planning such layoffs.

The original report speculated that potential job cuts could be linked to productivity gains from artificial intelligence investments. However, following Meta's denial, no evidence of an imminent large-scale restructuring has been verified by the company or in subsequent official filings.

Meta's most recent public statements and financial reports emphasize continued investment in AI and the metaverse. The company's workforce numbers have remained stable in recent quarters, with no announcements of major layoff plans.

📰 Original source: marketwatch.com Read original →
Share: