Meta plans 10% workforce reduction amid significant AI investments
via Punch Nigeria2 min read
Meta is set to reduce its workforce by approximately 10%, laying off about 8,000 employees and leaving thousands of other positions unfilled, as it seeks productivity gains while investing heavily in artificial intelligence. This move aligns with co-founder and chief executive Mark Zuckerberg's focus on delivering "superintelligence" in the competitive AI landscape. The company's capital expenses, including infrastructure for AI, reached $22.14 billion in the last quarter, with anticipated capital expenditures for the current fiscal year ranging from $115 billion to $135 billion, driven by increased investment in Meta Superintelligence Labs and its core business. Zuckerberg expressed anticipation for advancing personal superintelligence by 2026. Analysts believe Meta's AI investments will enhance advertising efficiency and create new opportunities, such as with smart glasses. Wedbush analyst Dan Ives suggests further layoffs may occur as Meta uses AI to automate tasks and streamline operations.
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Kaduna State Governor, Uba Sani, stated that the government alone cannot bear the full responsibility of funding education. He highlighted the necessity for increased collaboration among various stakeholders to advance the education sector. Speaking at the inauguration of a facility by the Christian Academy Management in Ungwan Bulus, Sabon Tasha, Kaduna, Governor Sani, represented by the Commissioner for Justice and Attorney General of Kaduna State, Dr James Kanyip, emphasized that meaningful progress in education requires partnerships involving government, communities, faith-based organizations, and private institutions. The governor reiterated his administration's commitment to partnering with individuals and organizations dedicated to educational advancement, noting that investing in young minds is crucial for lasting peace, prosperity, and development. He described the new facility as a symbol of hope and transformation, reflecting a collective commitment to strengthening society through education. Sani underscored that education is a powerful tool for personal growth, human capital development, and societal progress. He added that his administration prioritizes education, implementing policies to improve infrastructure, expand access, and promote quality education across the state, with the goal of making education accessible, affordable, and equitable for every child. The governor expressed confidence that the new facility would foster learning, character formation, an
Must ReadThe Nigeria Data Protection Commission has partnered with Meta Platforms, Facebook’s parent company, to launch a two-year data protection initiative. This program, known as the Meta-Supported Initiatives for Data Protection, aims to enhance privacy safeguards, build capacity, and ensure regulatory compliance in Nigeria. The collaboration follows a 2025 court-approved settlement between the NDPC and Meta, which concluded an investigation into Meta’s data processing practices in Nigeria. As part of the settlement, Meta agreed to support public-facing data protection measures aligned with Nigeria’s privacy framework. The initiative will focus on governance, research and development, strengthening safety mechanisms in the technology ecosystem, capacity building for data protection officers and compliance organizations, and public awareness campaigns, particularly for vulnerable groups. The NDPC emphasized that this initiative does not limit its statutory authority to independently regulate data processing activities in Nigeria.
The Oyo State Government has commenced the demolition of a kidnappers' hideout in the Lakoun community, along the Ayegun-Olojuoro Road in Ibadan. This structure was identified as the operational base where Mrs. Olaide Adegoke John-Paul, the younger sister of former Minister of Power, Chief Adebayo Adelabu, and her 12-year-old twin sons were held captive before their rescue over the weekend. The demolition follows a security assessment of the site led by the Oyo State Commissioner of Police, Oluwagbemiga Abimbola. During the rescue operation on Saturday, two members of the kidnapping syndicate were killed, and four suspects were subsequently paraded at the State Police Headquarters in Eleyele, Ibadan. Authorities are urging residents to remain vigilant and report any fleeing members of the syndicate.