Meta Plans Up to 20% Staff Cut Amid Rising AI Costs; Dell Shrinks Workforce for Third Year

Meta is reportedly planning to reduce its workforce by up to 20%, affecting approximately 16,000 jobs, to control rising expenses from AI infrastructure investments. Dell has declined its workforce by 10% for the third consecutive year, aligning job cuts with AI integration and business modernization strategies. These moves underscore major tech companies' efforts to balance aggressive AI investments with cost reduction, signaling potential industry-wide workforce restructuring ahead.