# Instagram parent Meta plans to lay off 10% of its workforce next month.

*business · news · 2026-04-17 · New York Post*

## Key points

- Meta plans to lay off 10% of its workforce, approximately 8,000 employees, starting May 20.
- Further Meta layoffs later in 2024 are expected, with their extent dependent on AI progress.
- Meta is allocating $135 billion in capital spending this year, largely focused on artificial intelligence.
- Mark Zuckerberg is directing AI integration across all Meta operations, including a photorealistic 3D digital clone.

**Companies:** Meta, Block
**Countries:** United States

[Read the full story on New York Post](https://nypost.com/2026/04/17/business/meta-to-cut-8000-jobs-in-major-bloodbath-next-month-report/)

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