Meta to begin massive layoffs

The initial wave will see around 8,000 employees lose their jobs, with additional cuts expected later in 2026.

Meta CEO Mark Zuckerberg has indicated that the company needs to further streamline operations following the previous 'year of efficiency.' The layoffs are expected to impact various departments, including engineering and product development.

This move comes as Meta pivots more heavily toward AI infrastructure and away from experimental 'side quests' that have failed to generate significant revenue.