Meta trims 8,000 jobs to curb AI cost pressures

Meta plans to lay off about 8,000 workers (roughly 10% of its workforce) as it pursues efficiency amid rising AI costs; management expects capital expenditures to rise by at least 60% this year versus 2025 to support AI initiatives, while free cash flow is projected to drop about 83% year over year. The move echoes similar cuts across Big Tech tied to AI investments and follows Meta’s earlier large-scale layoffs in 2022–23, with reports noting a potential keystroke-data collection effort to train its AI models.