Meta Cutting 15,000 Jobs to Fund $135B AI Infrastructure Push in 2026
Meta plans to cut 20% of its 79,000-person workforce — up to 16,000 jobs — as $135B AI infrastructure spend forces the biggest restructuring since 2022.
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Meta plans to cut 20% of its 79,000-person workforce — up to 16,000 jobs — as $135B AI infrastructure spend forces the biggest restructuring since 2022.
Oracle plans to cut 20,000–30,000 employees — 18% of its workforce — to free up $10B for AI data centers. The cash crunch traces back to a $156B OpenAI deal requiring 3 million GPUs over five years.