Meta faces board probe, layoffs

- Berger Montague PC launched an investigation into Meta’s board for potential breaches of fiduciary duty while internal signals suggest the planned 10% headcount cut may not be the last round. - PR Newswire carries the law firm’s probe notice; Storyboard18 and IBTimes report Meta’s chief people officer warned further reductions are possible amid AI spending pressure. - The combination of a shareholder probe and lingering layoff risk raises governance and execution uncertainty that could affect product roadmaps and morale. (prnewswire.com) (storyboard18.com)