[Meta to Lay Off 20% of Workforce and Reassign 7,000 Employees to AI Projects] According to a report by Jinse Finance, social media giant Meta plans to initiate a major restructuring on May 20, aiming to lay off approximately 20% of its global workforce while reassigning around 7,000 employees to artificial intelligence-related projects. It is reported that this adjustment is part of Meta's ongoing push to advance its AI strategy, with the goal of further concentrating resources on the development of AI business.