# The parent company of WhatsApp, Instagram, and Facebook is cutting 8,000 jobs.

*business · news · 2026-04-24 · Fortune*

## Key points

- Meta is cutting about 8,000 jobs, roughly 10% of its workforce, starting May 20.
- Meta will leave 6,000 open roles unfilled as part of its efficiency drive.
- SpaceX's S-1 filing warns Grok-related investigations could block market access and cause lawsuits.
- SpaceX cites Brazil's 2024 ban over xAI compliance as a concrete example of Grok's business impact.
- Intel's Q1 revenue grew 7% to $13.6 billion, beating analyst expectations and driving 22% share surge.

**Companies:** Meta, Intel, SpaceX
**Countries:** United States, Brazil, United Kingdom, Canada, France

[Read the full story on Fortune](https://fortune.com/2026/04/24/meta-cuts-workers-ai-intel-earnings-grok-spacex-apple-ceo-age/)

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