Meta plans big cuts
Meta is reportedly preparing layoffs of about 20% of its workforce as it grapples with soaring AI infrastructure costs — a move Reuters reported. The company is positioning cuts as a way to rein in CapEx and refocus talent on core AI priorities — the scale would be one of the largest tech reductions in weeks. Expect hiring and product priorities to shift accordingly across AI and infra teams.
Top executives told other senior leaders to start mapping potential cuts, Reuters reported on March 13, 2026. finance.yahoo.com Meta reported 78,865 employees as of Dec. 31, 2025 in its SEC filing, so a 20% reduction would equal roughly 15,773 roles; Reuters said the company is weighing that 20% scale. sec.gov Capital spending jumped to $72.22 billion for full-year 2025, according to Meta’s investor release, and the company guided 2026 capex at $115–$135 billion. investor.atmeta.com Meta also publicly pledged to invest over $600 billion in U.S. infrastructure through 2028 as part of its AI/data‑center buildout. about.fb.com Meta has been recruiting for a “superintelligence” team with nine‑figure compensation packages, TechCrunch and Axios reported, even as it shifts headcount; CNBC reported the company cut about 1,500 Reality Labs roles in January 2026. techcrunch.com A Meta spokesperson described the coverage as “speculative reporting about theoretical approaches,” Reuters quoted. finance.yahoo.com