Mark Zuckerberg pushes AI as Meta trims Silicon Valley workforce
Business
Meta (the company behind Facebook and Instagram) is letting go of about 200 employees in Silicon Valley (124 in Burlingame and 74 in Sunnyvale) by May 2026.
This move is part of CEO Mark Zuckerberg's push to double down on artificial intelligence, after earlier layoffs across several departments.
Meta plans $135B AI investment
Even with these cuts, Meta is planning a huge investment (up to $135 billion) in AI infrastructure this year, a 75% jump from last year.
While some teams are shrinking, Meta's overall headcount has actually grown by 6% year-over-year as it keeps hiring for essential positions that fit its new focus.