Meta to cut 8,000 jobs on May 20, and CEO Mark Zuckerberg is making priorities clear for all employees: We are streamlining teams so they aren't bigger than…
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.
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