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Fast Company

IBM just settled a major anti-DEI case for $17 million Sustainability is maturing 2028 candidates will face a new kind of economic anger Trader Joe’s class action settlement: How to find out if you’re an eligible shopper and claim your money Mamdani filmed his pied-á-terre tax video outside Ken Griffin’s $238 million penthouse. Social media loves him for it A U.S. state just banned big AI data centers. Here’s why it might not be the last From legacy processes to AI-native work OpenAI shifts its focus to business users amid Anthropic pressure A massive tariff refund program is launching. Here’s who actually gets the money Why people can’t build wealth on wages alone, and what to do about it Eldercare—the leadership crisis no one is talking about Why workplaces need a gendered health approach Why AI is the ultimate accelerator for creativity AI anxiety is turning volatile Inside NTT Research’s push to commercialize deep tech Warren Buffett once said that success at the end of your life comes down to 1 word For her ‘Confessions’ sequel, Madonna takes Helvetica to the club Nearly two-thirds of parents support their Gen Z kids financially, survey finds Gatorade, the inventor of the sports drink, is making a surprising pivot to reach non-athletes 6 mindset shifts to improve your risk and failure tolerance Record high beef prices won’t be fixed with more cattle, ranchers say. Here’s why For women, gender disparities in ADHD diagnoses can be deadly What’s next for Live Nation? Jury reaches verdict in antitrust case over Ticketmaster fees Social Security COLA prediction for 2027 could mean bad news for seniors Canva is officially ‘an AI platform with design tools’ Allbirds stock is already falling after the AI pivot. History suggests investors should proceed with caution Google DeepMind’s Demis Hassabis on the long game of AI The Trump Store isn’t shy about hawking merch. It’s paying off like never before Get ready for the great American TV trade-in rush AI isn’t built for all languages and cultures. There’s a push to fix that SpaceX’s insane IPO valuation is based on a sci-fi tale Meet Kyoto: the typeface that bleeds (on purpose) Every leader wants to change the world. Here’s how to tell if you’re actually doing so We need to kill the bloated 100 slide ‘Frankendeck’ To thrive in the age of AI, don’t reinvent yourself. Try this instead Is organic music discovery dead? Geese ‘psyop’ debate leaves artists frustrated by growing barrier to entry Starbucks’s ChatGPT experiment could quietly reshape how people order coffee Duolingo was evaluating its workers’ AI use. Workers pushed back. Where are new grads finding job opportunities? SantaCon president stole millions in charitable donations to fund luxury lifestyle, FBI says Target’s new retro-inspired Pokémon collection was made for superfans, by superfans From footwear to AI chips: Allbirds’ next move is hard to explain Let this goofy Trump chatbot tell you how your tax money is really spent Influencer dubbed ‘Sam Altman’s worst nightmare’ goes viral for breaking ChatGPT’s brain, over and over again The future of AI in schools isn’t personalized learning How new perspectives come from moonwalking New findings from this Gallup poll show how Americans are using AI for health advice The idea that the internet is built for people is crumbling. That has huge implications for your business Snap layoffs today: 16% of jobs cut as CEO Evan Spiegel is the latest to tout AI advances With 7 short words, the CEO of United Airlines just taught a brilliant lesson in leadership Meetings, egos, ‘circling back’: The ‘corporate ick’ that drives workers away Adam McKay’s new movie offers a glimpse at advertising’s final frontier: your dreams How we make decisions, and how to reach people who’ve already made up their minds What good AI in government actually looks like OpenAI CEO’s attacker faces attempted murder charges after throwing a device at Sam Altman’s home 7-Eleven is closing hundreds of stores: List of doomed retail locations grows in 2026 as chain seeks to reduce costs CoreWeave stock keeps going up: 3 reasons why the AI cloud-computing company is on fire this week A professional auctioneer’s tips for commanding the room We’ve entered a new era of risk for the modern CEO This one shift in Gen Alpha’s habits could reshape the entire snack industry Emma Grede says caring about money doesn’t make you selfish Why women stay broke—and how to change it, according to Emma Grede Strait of Hormuz shipping traffic appears to come to a halt as U.S. reveals details of the blockade Why the future of mental healthcare is team-based Chase Sapphire’s newest perk isn’t points or lounge access. 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Mark Zuckerberg says AI spending and war drove Meta layoffs
Ella Chakari · 2026-05-01 · via Fast Company
In a few weeks, Meta will lay off 10% of its workforce —around 8,000 employees out of the company’s workforce of 78,000. In a recent Q&A with employees, CEO Mark Zuckerberg ( not the AI clone version ) shed some light on the reasons behind the downsizing.  According to a report by the Wall Street Journal , Zuckerberg blamed the layoffs to data center and AI infrastructure spending. “We [basically] have two cost centers in the company,” Zuckerberg said, according to the Journal, pointing to raw processing power, like GPUs and chips, as well as data centers. “There’s [compute and infrastructure] and there’s people-oriented things, and if we’re investing more in one area to serve our community, then that means that we have less capital to basically allocate to the other.” “So that means that we do need to take down the size of the company somewhat.”  During the meeting, Zuckerberg also touched on downsizing teams in the future. “If a team used to take 50 or 100 people and now it takes 10, having 50 or 100 people on that team can actually be counterproductive going forward—so I think we need to fix that,” Zuckerberg said. Between the layoffs, employee morale at Meta seems to have faltered in recent months. According to data from Blind reviewed by Fast Company , posts on the anonymous workplace platform containing negative sentiment about Meta have quadrupled since 2024. In response to Fast Company, Meta referred to the company’s Thursday earnings call, during which Meta CFO Susan Li said that Meta is “very focused on leveraging AI tools” to boost productivity , and still navigating the company’s future “optimal size.” Li added that because of the layoffs, Meta expects lower employee compensation costs compared to last quarter. “But that is offset within this year by restructuring costs that we expect to incur as part of the layoffs,” she added. Looking ahead, Zuckerberg said Meta’s focus will shift to building more new apps.  “Historically, we’ve built like four or five big apps,” he said in the meeting. “We want to build a lot more apps, so there’s a bunch of stuff that we’re trying to figure out, and some of this we just need to figure out over time.” Business Insider reported that Meta’s chief people officer Janelle Gale was asked about further layoffs in the meeting—which likely did little to assuage anxious employees. “Will there be more layoffs? The question always comes up. I’d love to say that there are no more layoffs, but I can’t say something we can’t deliver,” Gale said, according to Business Insider . “While the business is strong, priorities change, competition is fierce, and we will continue to manage our costs responsibly.” According to the publication, Gale also said Meta will “continue to evolve teams as needed” and “try to redeploy talent.” According to a March report from Reuters , the company could cut nearly 20% of its total workforce this year. Zuckerberg also said in the meeting that Meta has faced headwinds since the U.S. war in Iran started earlier this year. “If oil prices go up, then consumers spend more of their money on oil, on gas, and less on things that they would just buy; that are just kind of discretionary things that the advertising might serve,” he said.  Meta shares fell by as much as 10% early Thursday. At the meeting, Zuckerberg attributed this to concerned investors after Meta increased its projected capital expenditures for the year, as well as the company’s preview of slower growth during the second quarter, according to the Journal . Meta announced this year’s plans to spend upwards of $145 billion—largely on AI infrastructure—and it seems there are going to be more shakeups for the employees along the way.