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Meta to axe 8,000 jobs in May as Zuckerberg bets the house on AI

Meta is preparing to cut roughly 10% of its global workforce from May, with further redundancies later in 2026, as Mark Zuckerberg pours hundreds of billions into artificial intelligence. Read more: Meta to axe 8,000 jobs in May as Zuckerberg bets the house on AI
Mahdeehassan 7 hours ago (Last updated: 28 seconds ago) 4 minutes read
Meta to axe 8,000 jobs in May as Zuckerberg bets the house on AI - meta jobs

Mark Zuckerberg is preparing to take the knife to his own creation once again.

Meta Platforms, the parent of Facebook, Instagram and WhatsApp, is lining up a global redundancy programme that will see roughly one in ten of its staff, about 8,000 people, shown the door from next month, with a second wave expected before the year is out.

The Silicon Valley giant has declined to put any figures on the record, but the direction of travel will be uncomfortably familiar to the tens of thousands of staff who lived through Meta’s self-styled “year of efficiency” in 2022 and 2023, when some 21,000 roles were stripped out as the share price slid and the company came to terms with a bout of Covid-era over-hiring.

This time round, the rationale is rather different. Meta is in robust financial health, but Mr Zuckerberg has committed to spending hundreds of billions of dollars reshaping the business around artificial intelligence. The trade-off, it seems, is that a leaner organisation with fewer management layers and AI-augmented engineers is expected to do the heavy lifting that armies of human employees once did.

According to Reuters, the initial tranche of cuts is pencilled in for May, with the timing and scope of the later round yet to be nailed down. Meta employed just shy of 79,000 people at the end of December, according to its most recent filing, meaning the opening salvo alone could remove close to a tenth of that headcount.

Meta is not moving in isolation. Amazon has already swept out 30,000 corporate staff in recent months, equivalent to nearly ten per cent of its white-collar base, while in February the fintech group Block let go of nearly half its workforce, around 4,000 jobs. In both cases, senior management pointed firmly at efficiency gains from AI as the justification.

The industry’s own body count bears that out. Layoffs.fyi, which tracks redundancies across the technology sector, puts the tally at 73,212 jobs lost in the first four months of 2026 alone. For the whole of 2024, the figure was 153,000, suggesting this year’s numbers are on course to eclipse anything seen in the post-pandemic shake-out.

Inside Meta, the reorganisation is already well under way. Teams within its Reality Labs division have been reshuffled in recent weeks, and engineers from across the group have been parachuted into a newly minted Applied AI unit. Its brief is to accelerate the development of AI agents capable of writing code and executing complex tasks without human hand-holding, the very capability, critics will note, that Mr Zuckerberg appears to believe can replace a sizeable chunk of his own workforce.

For Britain’s small and medium-sized businesses watching from across the Atlantic, the signal is a telling one. When the world’s largest technology employers openly argue that generative AI is now capable enough to displace thousands of skilled knowledge workers, the pressure on every other business to rethink how it organises, recruits and deploys talent only intensifies.

Whether the efficiency dividend materialises as cleanly as Mr Zuckerberg hopes remains to be seen. Meta’s 2022 cuts were followed by a sharp recovery in profitability and a soaring share price, vindicating his tough love approach in the eyes of Wall Street. A second act on a similar scale, however, will test whether AI can genuinely deliver the productivity miracle its champions promise, or whether Meta is simply exchanging one kind of risk for another.


Amy Ingham

Amy is a newly qualified journalist specialising in business journalism at Business Matters with responsibility for news content for what is now the UK’s largest print and online source of current business news.
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