Meta is cutting 8,000 jobs on May 20 as CEO Mark Zuckerberg rebuilds the company around small, AI-powered teams. With capex hitting a record $125–145 billion this year, CFO Susan Li admitted there’s no clean answer for what Meta’s ideal headcount even looks like anymore. The company wants builders who can ship alone what teams once built together—and is letting everyone else go. Meta is cutting 8,000 jobs on May 20 as CEO Mark Zuckerberg rebuilds the company around small, AI-powered teams. With capex hitting a record $125–145 billion this year, CFO Susan Li admitted there’s no clean answer for what Meta’s ideal headcount even looks like anymore. The company wants builders who can ship alone what teams once built together—and is letting everyone else go.
Trending
- Indian businessman in Portugal says he only hires Indians because Portuguese workers are…
- Queen Victoria’s burial secrets: The hidden photograph of servant and final wish that stunned the royal family
- Another setback for AAP: Punjab CM Bhagwant Mann’s cousin Gyan Singh Mann joins BJP ahead of polls
- ‘He wants me to quit wrestling’: Vinesh Phogat hits back at WFI president
- Tamil Nadu CM Vijay meets MK Stalin, PMK chief ahead of crucial floor test
- UK PM on way out? Starmer faces major party revolt, do-or-die speech fails to crush doubters
- West Bengal govt sacks nominated board members, scraps service extensions beyond age 60
- Evening news wrap: Rahul Gandhi slams PM’s fuel appeal; NIA probes Bengaluru explosives on PM’s convoy route & more