Meta plans to lay off 10% of staff, approximately 8,000 employees, in May
By
Jay Peters
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· 2 sourcesMeta plans to lay off approximately 10% of its workforce, or about 8,000 employees, starting in May 2025, according to a memo from Chief People Officer Janelle Gale reported by The Verge. The company will also close roughly 6,000 open roles, with layoffs beginning on May 20 as part of efficiency efforts, Bloomberg reported via an internal memo cited by Hacker News. These cuts come as Meta significantly increases investments in AI, including projected capital expenditures of $115-$135 billion in 2026, a sharp rise from $72.22 billion in previous spending, The Verge noted.
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Summary
Meta is planning to lay off approximately 10% of its workforce (around 8,000 employees) in May 2025, according to a memo from Chief People Officer Janelle Gale. The company will also close roughly 6,000 open roles. These cuts come as Meta significantly increases investments in AI, including hiring top talent and building data centers, with projected capital expenditures of $115-$135 billion in 2026 — a sharp rise from $72.22 billion in previous spending.
Key quotes
· 4 pulledMeta is planning to layoff around 10 percent of employees in May, according to a memo from the company's chief people officer, Janelle Gale.
That means approximately 8,000 people will see their jobs cut.
Meta will also be closing around 6,000 open roles, according to Gale.
The cuts follow Meta's significant investments in AI, including spending huge sums to hire top talent and build data centers.
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