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Mark Zuckerberg

Zuckerberg Tells 8,000 Meta Employees Their Jobs Are a Line Item in His $145 Billion AI Bet
Business

Zuckerberg Tells 8,000 Meta Employees Their Jobs Are a Line Item in His $145 Billion AI Bet

On Meta’s Q1 2026 earnings call, CFO Susan Li said the quiet part out loud. “We recently shared internally that we plan to reduce the size of our employee base in May. We believe a leaner operating model will allow us to move more quickly while also helping to offset the substantial investments we are making.” That’s roughly 8,000 jobs framed, in management’s own words, as an offset to capital expenditure.

Jim Cramer Does a Sudden U-Turn on Meta (META) After Earnings Surprise
Business

Jim Cramer Does a Sudden U-Turn on Meta (META) After Earnings Surprise

Jim Cramer has reversed his long-standing bullish stance on Meta Platforms, Inc. (NASDAQ:META) following the company’s latest earnings report. Once a vocal defender of Mark Zuckerberg’s heavy spending and layoff strategy, the CNBC host now sounds uncertain about the stock’s direction. We break down the shift, market reactions, and what analysts are saying.

Meta Prepares for New Wave of Layoffs as AI Pivot Accelerates
Business

Meta Prepares for New Wave of Layoffs as AI Pivot Accelerates

Meta Platforms is set to initiate significant workforce reductions starting in May, sources say, as the company intensifies its focus on artificial intelligence and operational efficiency. The move follows a period of financial stabilization but signals ongoing strategic turbulence in the tech sector.