Meta plans to lay off approximately 10% of its workforce in May 2026, affecting around 8,000 employees, while also closing roughly 6,000 open positions, according to a memo from CEO Mark Zuckerberg. The restructuring comes as Meta dramatically increases its capital expenditure forecast to $115-135 billion for 2026, up from $72.22 billion spent in 2025, primarily driven by significant investments in AI infrastructure including data centers and top talent acquisition. Chief People Officer Janelle Gale will oversee the workforce reduction. The layoffs represent a major strategic shift as Meta prioritizes AI development while reducing overall headcount.
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