Meta Cuts Hundreds of Jobs in Reality Labs, Social Media and Recruiting
Meta cut a few hundred employees across Reality Labs, social media teams and recruiting operations on Wednesday, a smaller reduction than the previously planned 20% workforce cut. The company forecasts $162–169 billion in 2026 expenses driven by AI investments and rising employee compensation.
1. Layoff Details
Meta implemented a reduction of a few hundred positions on Wednesday, scaling back staff across multiple teams in a more modest move than the earlier plan to cut up to 20% of its workforce.
2. Targeted Divisions
The reductions hit Reality Labs, social media units and recruiting operations as the company restructures to optimize efficiency and redirect resources toward core initiatives.
3. Expense Pressures
This staffing move precedes Meta’s projection of $162 billion to $169 billion in 2026 expenses, fueled by substantial investments in artificial intelligence and higher compensation to secure top AI talent.