economy
May 1, 2026
Meta just told staff it isn't ruling out further layoffs
Meta may cut more jobs beyond its planned 10% layoffs, HR chief Janelle Gale told staff, saying that morale has been hit.
TL;DR
- Meta plans to lay off approximately 10% of its staff next month.
- The company's HR chief stated that further layoffs cannot be ruled out.
- Employee morale has been negatively impacted by the looming layoffs.
- Meta is continuing to invest in its Applied AI organization.
- AI token usage will not be a factor in layoff decisions.
- CEO Mark Zuckerberg noted that AI automation makes small teams more efficient, but is not the primary driver of layoffs.
- Meta is doubling its infrastructure spend, largely for AI, to between $125 billion and $145 billion.
- COBRA healthcare coverage has been tripled to 18 months for affected employees.
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