Meta Platforms (META) initiated a major corporate restructuring on May 20, 2026. The company is laying off approximately 10% of its global workforce. CEO Mark Zuckerberg is directing these cuts to prioritize artificial intelligence. The workforce reduction will occur in three distinct waves.
The restructuring includes reassigning 7,000 employees to new AI-centric teams. Meta is also closing approximately 6,000 open positions. These combined actions impact nearly 20% of the company's total workforce. The changes aim to create a flatter organizational structure and accelerate AI product development.
Meta is reallocating capital from other departments to fund massive investments in AI infrastructure. This move aligns with a broader industry trend of streamlining operations to secure AI talent. The company stated the layoffs are a strategic resource shift rather than a direct replacement of employees by AI.