Zuckerberg blames Meta layoffs on AI costs, says “compute and infrastructure” and “people oriented things” are biggest financial drain right now

• Around 8,000 of Meta's nearly 80,000 workers are set to lose their jobs this month
• Company capex is expected to rise $10bn to $145bn
• Revenue is up 33%, but shares are down 9%

Meta is reportedly planning to cut around 8,000 jobs, or 10% of its current headcount, as soon as this month amid ongoing cost-cutting measures, with further layoffs not ruled out either.

Chief People Officer Janelle Gale explained the drive for agility amid shifting priorities and competition from rival companies, but with future layoffs potentially on the cards, worker morale is believed to be under huge pressure with employees demanding more transparency.

The company has already made around 1,700 workers redundant in 2026 (via layoffs.fyi), and at least 4,300 in 2025.

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