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Mark Zuckerberg says Meta is cutting 8,000 jobs to pay for AI infrastructure —  insatiable compute demand means the company can't rule out further headcount reductions

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(Image credit: Getty/ Bloomberg) Meta CEO Mark Zuckerberg told employees at a company town hall on Thursday that the roughly 8,000 planned layoffs are a direct consequence of the company's ballooning AI infrastructure budget, Forbes reports. The cuts, which affect about 10% of Meta's workforce and are set to begin on May 20, come the same week the company raised its full-year 2026 capital expenditure forecast to between $125 billion and $145 billion, up from a prior range of $115 billion to $135 billion. Go deeper with TH Premium: AI and data centers “We basically have two major cost centers in the company: compute infrastructure and people-oriented things," Zuckerberg ​said during the town hall, as heard by Reuters . With more capital flowing toward AI hardware, he said, there is less available for headcount. He also declined to rule out further reductions later in the year. Meta spent $72.2 billion on capex in all of 2025.…

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