Meta is laying off 10% of its workforce, affecting approximately 8,000 employees, while also eliminating 6,000 open positions. The cuts come alongside massive AI investments, with the company planning to increase capital expenditures from $72 billion in 2025 to $115-135 billion in 2026. This reflects a strategic shift toward AI development at the expense of traditional workforce roles.
Background
Meta has been aggressively investing in artificial intelligence infrastructure and talent acquisition while facing pressure to streamline operations. The company previously conducted major layoffs in 2022-2023 as part of its 'year of efficiency' initiative.
- Source
- The Verge
- Published
- Apr 24, 2026 at 03:41 AM
- Score
- 7.0 / 10