# Meta plans to cut about 8,000 jobs next month, roughly 10 pereccent of its workforce.

*business · news · 2026-04-19 · The Gateway Pundit*

## Key points

- Meta plans to cut about 8,000 jobs next month, starting around May 20.
- Meta has allocated approximately $135 billion in capital spending for AI development this year.
- Additional job cuts at Meta could occur later in 2024, with details yet to be finalized.
- Last month, reports indicated Meta could eliminate up to 20 percent of its workforce in 2024.

**Companies:** Meta, OpenAI, Anthropic, Snap, Block
**Countries:** United States

[Read the full story on The Gateway Pundit](https://www.thegatewaypundit.com/2026/04/mark-zuckerberg-axe-10-percent-metas-workforce-may/)

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