Meta plans to cut 10% of its employees, or ~8,000 jobs, on May 20 and won't fill 6,000 open roles, trying to boost efficiency and offset its heavy AI spending
Meta Platforms Inc. plans to cut 10% of workers, or roughly 8,000 employees, in an effort to boost efficiency and offset its heavy spending on artificial intelligence.
Bloomberg Kurt Wagner
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Discussion
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@mikeisaac
Rat King
on x
per internal memo: meta plans to layoff around 10 percent of the company, or roughly 8k employees, closing 6k more open roles as well
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@tomsteyer
Tom Steyer
on x
Many Californians rightly fear that without strong leadership on AI, their lives will change for the worse. I'm the only candidate that has released an AI plan. As Governor, I will be committed to making sure AI works for every Californian, not just Big Tech billionaires.
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@halsinger
Hal Singer
on x
When are we going to start imposing mandatory severance pay for all workers fired en masse under the pretext of AI while a company is experiencing profit growth? Why should taxpayers be responsible for unemployment benefits when a profitable firm acts in such a blatantly anti-so…
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@dancingofpens
Camryn
on x
so why are people supposed to feel positively about AI when it's the reason why they don't have jobs
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@mikeisaac
Rat King
on x
reuters had published a few stories saying they were coming and the company said nothing for weeks, even internally but a month away from May 20th, the layoffs day, they decide to pull the trigger after MSFT.... fascinating...
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@krishnanrohit
Rohit
on x
This is not unexpected but is an interesting early instance of human intelligence (employees) being replaced by silicon (data centers)
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@samro
Sam Ro
on x
Layoffs + closing open roles is serious. News stories about layoffs often make no mention about openings, hiring, net headcount, which is important if you're trying to connect the anecdote to a bigger macro story
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@rihardjarc
Rihard Jarc
on x
[...] This will happen across the board in the tech sector and more broadly in knowledge work, Zuck is as always just ahead of the pack. Companies are switch labour costs for AI compute.
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@mikeisaac
Rat King
on x
as the dust settles, am wondering if meta would have pushed this memo about layoffs today if Microsoft had not publicized its workforce buyouts this morning (which it also positioned as freeing up money for A.I. spending) https://www.nytimes.com/...
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@andrewyang
Andrew Yang
on x
Voluntary buyouts is the first move. Involuntary layoffs often follow, putting employees in a position where they think “maybe I should take this.”
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@jason
@jason
on x
did three wildly profitable companies cut 30,000 people today? Really? Tell me more about AI doomerism [image]
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@gideonrachman
Gideon Rachman
on x
Meta announces it will sack 10% of its work force on the same day Microsoft offers voluntary redundancy to 7% of employees. Now tell me AI isn't going to cut a swathe through white collar work? https://www.wsj.com/...
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@halsinger
Hal Singer
on x
To its credit, Microsoft is offering buyouts to its AI-displaced workers. Tho it's not clear how many years of severance the buyout represents. Bottom line: We don't have to depend on a firm's generosity to take care of these workers. We could spell out via regulation precisel…
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Brandon Busteed
Brandon Busteed
on linkedin
Another 14,000 jobs wiped off the board. — 100% AI driven. Either AI to replace jobs or jobs eliminated to fund AI investment. …
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Jaime Casap
Jaime Casap
on linkedin
Employer: “So tell me, how much experience do you have interacting with AI? Can you tell me how you leveraged AI and other technologies …
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Kurt Wagner
Kurt Wagner
on linkedin
New: Meta just confirmed plans to lay off 10% of the company in May — roughly 8,000 workers — in a memo posted to employees this morning. …
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@attorneynora
Nora Benavidez
on bluesky
In 2023(!), I wrote about how tech layoffs being offset by the promise of AI tools doing previously human jobs was BAD. Silicon Valley keeps investing into biased & ill-trained AI tools, keeps laying off humans, keeps building for profit only. www.nytimes.com/2026/04/23/t...
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@mangiotto
Walter Chaw
on bluesky
I plan to be bisected to increase my heart efficiency. [embedded post]
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@lukaszolejnik
Lukasz Olejnik
on bluesky
Meta cutting 8000 jobs (10% workforce) and dropping 6000 planned hiresto “run the company more efficientl” and “offset the other investments we're making” so building data centers and for AI expenses, potentially, in effect, converting people server racks, tokens/etc. www.ft.com/…
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@jessimckenzi
Jessica McKenzie
on bluesky
hard for me to scrounge up a ton of sympathy for laid off meta workers because i think the company they worked for is Bad but also this 1) sucks for the individuals impacted 2) seems like it's a bad time to be a white collar worker in general rn 3) when is this going to catch up …
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@kurtwagner
Kurt Wagner
on bluesky
NEW: Meta just confirmed 10% layoffs coming on May 20, according to an internal memo. 6,000 job openings are also being closed. — Head of HR didn't specifically mention AI, but said this is an effort to “run the company more efficiently and to allow us to offset the other inve…
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@stokel
Chris Stokel-Walker
on bluesky
Holy crap “we're removing 10% of our staff to offset our AI spending” sure is an explicit link to make [embedded post]
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@paleofuture
Matt Novak
on bluesky
“Meta Platforms Inc. plans to cut 10% of workers, or roughly 8,000 employees, in an effort to boost efficiency and offset its heavy spending on artificial intelligence.”
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r/ArtificialInteligence
r
on reddit
Meta to Lay Off 10 Percent of Work Force in A.I. Push (Gift Article)
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r/technology
r
on reddit
Meta to Lay Off 10 Percent of Work Force in A.I. Push (Gift Article)
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r/bayarea
r
on reddit
Meta laying off 8000 people or ten percent.
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r/sanfrancisco
r
on reddit
Rumors last week are true. Meta laying off 10%.
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r/Layoffs
r
on reddit
The rumors last week were true. Meta cutting 10% of jobs. 8000 people.
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r/UKJobs
r
on reddit
Meta says it will cut 8,000 jobs as AI spending grows
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r/TorontoRealEstate
r
on reddit
Meta says it will cut 8,000 jobs or 10% of its workforce as AI spending grows
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Patrick Galey
Patrick Galey
on linkedin
Something big is happening. No, not what that guff piece article claimed. — Something more essential: AI grifters are encountering economic reality. …
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Vassilis Galanos
Vassilis Galanos
on linkedin
So, on the AI(or evil immigrants)-will-steal-(y)our- jobs narrative, here's to a modern miracle of value and human capital circulation. …
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Russ Cofano
Russ Cofano
on linkedin
Two big news stories today. — @meta cutting 10% and canceling 6000 open roles. — @microsoft announcing voluntary buyouts to 7% of staff …