Meta is cutting approximately 8,000 jobs, representing about 10% of its workforce. The company is also scrapping plans for 6,000 new hires that were previously in the pipeline.
If this feels familiar, that’s because it is. Meta slashed over 11,000 positions during 2022 and 2023 in what Zuckerberg called a “year of efficiency.”
The AI pivot is now the whole strategy
This isn’t just a cost-cutting exercise. Around 7,000 employees are being reassigned to AI-focused roles within the company, making this less of a downsizing and more of a complete directional overhaul.
CEO Mark Zuckerberg laid out the rationale in a memo to staff:
