After 8,000 layoffs, Meta CEO Mark Zuckerberg makes a 'confession' to employees
Meta CEO Mark Zuckerberg admitted in an internal memo that the company "made mistakes" during its AI overhaul, after laying off 8,000 employees and reassigning
Meta CEO Mark Zuckerberg admitted in an internal memo that the company "made mistakes" during its AI overhaul, after laying off 8,000 employees and reassigning 7,000 to AI teams in May. He promised no more company-wide layoffs in 2026 but refused to overpromise. With morale at record lows and capex hitting $145 billion, his fixes—a July hackathon, assigned desks, bigger event budgets—drew a chilly response from a workforce that's heard enough reassurances.
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