Meta Announces 10 Percent Staff Reduction to Offset AI Investments
Meta is cutting 10 percent of its workforce, approximately 8,000 employees, in May 2026 to offset significant investments in AI and infrastructure. The company plans to spend $115 billion to $135 billion on capital expenditures in 2026, a sharp increase from 2025. The layoffs are part of a broader efficiency drive and follow previous cuts in specific departments.
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