The company, which employs around 10% of its workforce, plans to cut roughly 8,000 jobs as part of a strategy to offset rising AI infrastructure costs. The cuts come amid concerns that excessive spending on AI could negatively impact profits. This follows reports that the company plans to use employees' keystrokes to train its AI models. The layoffs, which affect more than 20,000 workers, could pave the way for Meta's pivot towards efficiency in 2022 and 2025.