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Meta dismissed 8,000 employees this week, about 10 percent of its workforce, and reassigned 7,000 others to AI-focused positions. The moves come as the company plans to spend up to $145 billion on capital expenditures this year.
New York PostMeta dismissed 8,000 employees this week, about 10 percent of its workforce, and reassigned 7,000 others to AI-focused positions. The cuts were announced in a Wednesday memo from CEO Mark Zuckerberg. The memo stated that success is not guaranteed in the AI race and that the companies that lead will define the next generation.
M. local time in each region. Zuckerberg said the company does not expect further company-wide layoffs this year. After the reductions, Meta will have an estimated 71,000 employees, down from its December headcount. The company has now cut more than 30,000 positions since 2022.
3 billion in revenue for the first quarter, up 33 percent from a year earlier. 7 billion, exceeding analyst expectations. The company plans to spend between $125 billion and $145 billion on capital expenditures this year, roughly double the $72 billion spent in 2025. The spending is tied to AI infrastructure and development.
Some laid-off workers posted on social media and workplace forums about the cuts. One former content designer said she felt relief after the layoff because she had worried her role could be replaced by AI. Other employees described low morale and uncertainty about future rounds of reductions.
Tech companies including Cisco, Block, Snap, and Cloudflare have also announced job cuts this year while increasing AI-related spending. >"Success isn’t a given. " — Mark Zuckerberg, Wednesday memo (Fortune, New York Post) >"We’re transforming our company to make sure it will always be the best place for talented people to have the greatest impact.
These outlets didn't split into competing frames — coverage was uniform.
sbs.com.auTwenty-six current and former Meta employees sued the company in federal court in Northern California on Monday. The suit alleges internal AI tools penalized workers who took protected medical, parental or disability leave during May 2026 layoffs of about 8,000 staff.
The Hangzhou-based AI company is in talks with advisors and may file documents as soon as this year. It follows a recent $52 billion valuation round and comes as other Chinese AI firms have listed.
YonhapApple is in early talks with PrismML about technology that shrinks large AI models enough to run on iPhones. The Caltech spinout released compressed versions of Alibaba's Qwen model this week.