US Stock Movement | Meta rises 2.5% pre-market amid reports of plans for large-scale layoffs, possibly affecting 20% of employees

格隆汇 March 16｜Meta (META.US) is up 2.5% in pre-market trading, at $628.49. According to reports, Meta is planning to launch a large-scale layoff, which may affect 20% or more of its employees, involving about 16,000 jobs. The company hopes to offset its high investment in artificial intelligence and further improve efficiency for employees assisted by AI. If finalized, this will be the largest round of layoffs since Meta's restructuring plan from the end of 2022 to early 2023.