Overview
- State filings show 124 jobs will end in Burlingame on May 22 and 74 in Sunnyvale on May 29, with all affected positions permanently eliminated.
- The move follows recent cuts of about 700 roles across sales, recruiting, operations, and Reality Labs, the hardware unit behind VR and AR efforts.
- Meta says it is investing heavily in artificial intelligence, projecting up to $135 billion in capital spending this year to build data centers and related infrastructure.
- Mark Zuckerberg has said AI tools let a single skilled person do work that once needed big teams, and reports of planning for cuts of 20% or more were labeled speculative by a company spokesperson.
- The layoffs land as tech firms keep trimming staff to fund AI projects, with trackers counting more than 152,000 industry job cuts in 2024 and at least 118,000 in 2025.