Meta Platforms (META) Announces Layoffs Amid Shift to AI-Centric Operations

Meta Platforms Inc. (NASDAQ:META) is one of Harvard University’s top AI stock picks. On March 16, analysts at Bernstein SocGen reiterated an Outperform rating on Meta Platforms Inc. (NASDAQ:META) and a $900 price target. The positive stance comes amid growing concerns about the impact of artificial intelligence on workforce structure across the technology sector.

Meta Platforms Inc. (META) Announces Layoffs Amid Shift to AI-Centric Operations

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In response, Meta has already announced plans to cut 20% of its workforce as it continues its transition to AI-centric operations. Similarly, Bernstein has touted the company’s prospects as it transitions into an AI-enabled organization. The restructuring drive has already resulted in the reduction of non-technical roles and the flattening of management layers.

Meta Platforms is also increasingly integrating AI-related adoption metrics into employee objectives and key results. It’s also pursuing AI productivity initiatives and exploring the effectiveness of smaller teams.

Earlier, Erste Group upgraded Meta Platforms to a Buy from a Hold, impressed by the company’s increased focus on artificial intelligence investments. The company has already announced plans to increase its spending in 2026 to support AI initiatives.

Meta Platforms, Inc. (NASDAQ:META) is heavily investing in artificial intelligence to transform its core advertising business, improve productivity, and build the future of social connection through personalized AI agents. Its AI efforts are anchored in open-source model development (Llama), AI-powered advertising tools, and hardware, specifically smart glasses.

While we acknowledge the risk and potential of META as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than META and that has 10,000% upside potential, check out our report about this cheapest AI stock.

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