Meta is set to have layoffs starting off the year, and this is to expand more of their AI development as per its CEO.

Bloomberg reviewed the internal memo explaining the cuts, which was posted to Meta's internal Workplace forum Tuesday. In it, Zuckerberg confirmed that Meta was shifting its strategy to "move out low performers faster" so that Meta can hire new talent to fill those vacancies this year.

Layoffs could affect 5 percent of the workforce as its CEO seeks to “raise the bar on performance management,” according to a memo viewed by The Post.