Zuckerberg blames Meta layoffs on AI costs, says “compute and infrastructure” and “people oriented things” are biggest financial drain right now
Meta's capex rises as the company spends big on AI data centers, and it's having to reduce headcount to become more agile.
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Pro Zuckerberg blames Meta layoffs on AI costs, says “compute and infrastructure” and “people oriented things” are biggest financial drain right now News By Craig Hale published 1 May 2026 Meta continues to spend big on AI When you purchase through links on our site, we may earn an affiliate commission. Here’s how it works. (Image credit: Facebook / Meta) Copy link Facebook X Whatsapp Reddit Pinterest Flipboard Threads Email Share this article 0 Join the conversation Follow us Add us as a preferred source on Google Newsletter Subscribe to our newsletter Around 8,000 of Meta's nearly 80,000 workers are set to lose their jobs this monthCompany capex is expected to rise $10bn to $145bnRevenue is up 33%, but shares are down 9%Meta is reportedly planning to cut around 8,000 jobs, or 10% of its…
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