Target lays off 8,000 employees to prioritize spending on AI

Meta's shares are facing a terrible moment on the NY stock exchange
Reuters
Meta (owner of Facebook, Instagram and WhatsApp) began laying off around 8,000 employees this Wednesday (20) as part of a restructuring to prioritize investments in AI, according to the Bloomberg agency.
The information was also confirmed to g1 by a Meta employee who asked not to be identified. According to him, this time, his position was not affected. g1 contacted Meta for more details and is awaiting feedback.
Big tech had 78,865 employees in December 2025, according to the France Presse agency. The layoffs announced this Wednesday represent around 10% of the company's total workforce.
It is not yet known whether Meta employees in Brazil were also impacted.
According to Bloomberg, layoff notices began to be sent to employees in Asia from 4am Singapore time. According to an internal memo, workers in the United States would also be informed in the sequence.
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On Monday (18), Meta had already informed that around 7 thousand employees would be reallocated to initiatives linked to artificial intelligence. The information was also previously confirmed to g1 by the same company employee, who stated that the change was not optional.
According to him, the climate in the company was already bad, as Meta had warned internally that it would make layoffs in the coming weeks, which ended up happening now.
In an internal note, the director of human resources, Janelle Gale, stated that the decision is part of Meta's efforts to "manage the company more efficiently and compensate for the group's investments" in the race to develop intelligence artificial.
Meta plans to invest between US$ 115 billion and US$ 135 billion (around R$ 570 billion to R$ 670 billion) in 2026, mainly to guarantee infrastructure for AI from chips to data centers.
At the end of February, Meta announced an agreement with AMD to purchase millions of chips for at least 60 billion dollars (R$ 297 billion).
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Source: G1