Meta is laying off 10 percent of its staff

AICloseAIPosts from this topic will be added to your daily email digest and your homepage feed. NewsCloseNewsPosts from this topic will be added to your daily email digest and your homepage feed. Jay PetersCloseJay PetersSenior ReporterPosts from this author will be added to your daily email digest and your homepage feed. ShareGiftMark Zuckerberg presenting at Meta Connect on September 17th, 2025. Bloomberg via Getty ImagesJay PetersCloseJay PetersPosts from this author will be added to your daily email digest and your homepage feed. Meta is planning to layoff around 10 percent of employees in May, according to a memo from the company’s chief people officer, Janelle Gale, published by Bloomberg. That means approximately 8,000 people will see their jobs cut. Meta will also be closing around 6,000 open roles, according to Gale. The cuts follow Meta’s significant investments in AI, including spending huge sums to hire top talent and build data centers. The company forecast in January that it will spend $115 billion to $135 billion in capital expenditures in 2026 — a significant increase from its $72.22 billion in capital expenditures for 2025. The increase is to “support our Meta Superintelligence Labs efforts and core business.” Earlier this year, Meta announced layoffs affecting hundreds of employees in its recruiting, social media, and sales teams, as well as cuts impacting about 10 percent of its Reality Labs division. Gale wrote that Meta is “doing this as part of our