Meta cuts 1,000 jobs as it shifts focus to $135 billion AI push

Meta is slashing nearly 1,000 roles, targeting Reality Labs and operations, to pivot aggressively toward artificial intelligence. Despite the cuts, the tech giant plans a $135 billion AI investment this year. This strategic reshuffling replaces generalist positions with specialized 'AI pods', signaling a foundational shift from metaverse ambitions to a high-stakes AI future.