Meta, the parent company of Facebook, is reportedly preparing for significant layoffs that could see up to 20% of its workforce affected. This decision comes as the company increases its investments in artificial intelligence, which have led to mounting costs. Reports suggest that over 15,000 employees could lose their jobs as CEO Mark Zuckerberg doubles down on expensive AI projects, including a $600 billion investment aimed at enhancing AI capabilities. With major restructuring on the horizon, Meta is prioritizing AI technology despite the potential for widespread job cuts.