Meta is set to have layoffs starting off the year, and this is to expand more of their AI development as per its CEO.

Layoffs could affect 5 percent of the workforce as its CEO seeks to “raise the bar on performance management,” according to a memo viewed by The Post.

Meta has suddenly arrived at a rather unusual proposition of laying 5% of its most inefficient or underperforming workforce in the coming days, in order to reportedly cut down expenses and improve productivity.