Meta is undergoing a massive job cut, laying off several hundred employees across multiple divisions including Reality Labs, Facebook, sales, and recruiting. Reports indicate that approximately 700 workers may be affected as the company pivots its focus from the costly metaverse initiative to investing heavily in artificial intelligence. As a part of this strategic shift, Meta has instructed some employees to work remotely amid the layoffs. Analysts suggest that these cuts are not merely budget adjustments but a calculated effort to create room for new opportunities in AI development while addressing rising costs associated with the company’s ambitious projects.