Overview
- The company, which notified staff Wednesday, cut roles across Reality Labs, recruiting, sales, Facebook and global operations in a restructuring drive.
- Meta said it is trying to place some affected staff in other roles, and the reductions touch less than 1% of its roughly 79,000 employees.
- Leaders have set an AI‑first strategy with record 2026 capital spending of $115 billion to $135 billion for data centers, servers and other infrastructure.
- Less than a day before the layoffs, Meta disclosed a new stock‑option plan for six top executives that could be worth up to $921 million each if the company reaches a $9 trillion valuation by 2031.
- The latest step follows January cuts of roughly 1,000 roles in Reality Labs and years of large losses at the unit, while earlier reports of far broader layoffs remain unconfirmed.