8k in May and speculation of another 12k by the end of this year. That will put them back at their 2020 employment level.
If so, that means 0 employment growth in 6 years after averaging about 30% mean growth per year the 5 years preceding 2020.
They will spend $135 billion on AI this year, up from $72 billion last year.
https://www.foxbusiness.com/technology/meta-plans-major-layoffs-next-month-more-cuts-expected-report
If so, that means 0 employment growth in 6 years after averaging about 30% mean growth per year the 5 years preceding 2020.
They will spend $135 billion on AI this year, up from $72 billion last year.
Quote:
Meta is preparing to cut thousands of jobs as early as next month, with deeper layoffs expected later this year, according to a report.
JUST IN: Meta reportedly planning massive layoffs this year, with first round expected to cut 8,000 employees in May.
— Polymarket (@Polymarket) April 17, 2026
https://www.foxbusiness.com/technology/meta-plans-major-layoffs-next-month-more-cuts-expected-report