Meta's $145 Billion AI Bet: 8,000 Jobs Sacrificed to Feed the Machine
The math is stark: 8,000 people out, $145 billion in. That’s the deal Mark Zuckerberg laid out at a company town hall last week. No euphemisms about “restructuring for the future.” No corporate doublespeak about “aligning resources.” Just a blunt admission: compute infrastructure and people are Meta’s two major cost centers. With AI hardware costs exploding, something had to give. That something is 10% of Meta’s workforce, starting May 20th. And Zuckerberg wouldn’t rule out more cuts later this year. ...