Meta cuts 700 roles in March
Meta confirmed a March reduction of about 700 jobs, mainly affecting Reality Labs and support teams as the company refocuses spending — a signal of continued volatility even amid rising AI investment. The cuts mirror a broader reshuffle of R&D priorities across big tech. (glassalmanac.com)
Meta cut roughly 700 roles on March 25, 2026, with reductions hitting Reality Labs plus recruiting, sales and core Facebook operations. (bloomberg.com) The March round follows a January reduction of about 1,000 Reality Labs positions — described as roughly 10% of that unit — part of a pullback after sustained hardware losses. (geekwire.com) Reality Labs reported a $6.02 billion operating loss in Q4 2025 and the division has accumulated nearly $80 billion in operating losses since 2020, figures executives cited when shifting resources away from some metaverse projects. (cnbc.com) Meta told investors it expects 2026 capital expenditures of $115–$135 billion to scale AI infrastructure and Superintelligence Labs, up from $72.22 billion in 2025, signaling where hiring and capital will be concentrated this year. (investor.atmeta.com) Reporting says recruiting teams were among those hit but Meta is offering some impacted staff alternative roles or relocation while simultaneously consolidating and hiring into Meta Superintelligence Labs, including recent additions such as the Dreamer team to work on AI agents. (bloomberg.com) (pymnts.com) The cuts come alongside executive retention moves — SEC filings show new stock-option grants for senior leaders as Meta doubles down on its AI pivot — and follow a period last year when the company briefly froze hiring and reorganized its AI teams under Meta Superintelligence Labs leadership. (cnbc.com) (semafor.com) Meta employed about 79,000 people at the start of 2026, making the ~700 cuts under 1% of the workforce, and company statements say the reductions affect U.S. and international staff with some being offered other positions when possible. (bloomberg.com)
