Meta Slashes 8,000 Jobs to Fund $135B AI Push, Cuts 6,000 Roles
Meta is cutting roughly 10% of its workforce, and the reason is already raising bigger economic questions.
The company plans to lay off about 8,000 employees while also canceling 6,000 open roles, according to multiple reports and an internal memo reviewed by Bloomberg and Reuters.
The cuts are tied to Meta’s aggressive push into artificial intelligence, with projected spending reaching as high as $135 billion this year.
That tradeoff is where the tension is building.
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According to Meta’s leadership, the layoffs are meant to “offset” massive AI investments, but they also reflect a broader shift across Big Tech, where companies are replacing labor growth with automation and infrastructure spending.
The impact isn’t isolated.
As other tech giants follow similar strategies, economists warn this could reshape hiring patterns, reduce white-collar job growth, and shift income toward capital owners over workers.
What happens next may depend on whether AI creates enough new jobs to replace the ones it’s eliminating.
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