Meta begins cutting 8,000 jobs this week as record profits fund a $145 billion AI infrastructure bet
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May 18, 2026, 2:37 pm240 ptsTop
The Next Web
Meta will begin cutting approximately 8,000 jobs on 20 May, the largest single round of layoffs the company has undertaken since its 2023 restructuring, in a move that lays bare the scale of Mark Zuckerberg’s bet that artificial intelligence infrastructure is worth more than the people it replaces. The…
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