Overview
- Meta, which laid off roughly 700 workers Wednesday, targeted Reality Labs, recruiting, sales, Facebook teams and global operations.
- A company spokesperson said teams routinely restructure and that Meta is trying to place affected staff in other roles or locations.
- The cuts track a larger AI push, with 2026 capital spending guided at $115 billion to $135 billion for data centers, servers and other infrastructure.
- Reality Labs was already reduced by about 1,000 roles in January, showing a pullback from virtual reality projects in favor of AI-powered hardware and software.
- Reports varied on scale, with outlets citing several hundred to under 1,000 roles, and earlier talk of a 20% companywide cut that Meta called speculative.