Meta will cut 10% of its workforce as early as next month—about 8,000 jobs—as the company tries to offset Mark Zuckerberg’s rising spending on artificial intelligence.
In a memo sent to employees on Thursday, the company’s leadership said the layoffs were intended to “make the company’s work more efficient and… offset other investments that we are making.”
At the same time, Meta has abandoned plans to eliminate about 6,000 positions it had previously intended to open, several people familiar with the matter said.
The cuts come amid Zuckerberg’s sweeping investment in AI infrastructure. That includes, in particular, the construction of costly data centers and efforts to lure top talent in a bid to narrow Meta’s gap with Google and OpenAI in the race to build frontier models.
As recently as January, Meta said its capital spending this year could nearly double to reach $135 billion.