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

Meta headquarters.

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.

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