Meta has laid off another 700 people.

This is the second round in 2026. In January, they cut 10% of Reality Labs, and this time it's sales, recruitment, and global operations.
Zuckerberg's words: "Projects that used to require a large team can now be handled by a talented individual."
At the same time, Meta's capex budget this year is between $115 billion and $135 billion, all invested in data centers.
Layoffs plus heavy investment in AI infrastructure.
This is the standard operation for big tech companies in 2026.
It's not that they don't need people anymore; the type of people they need has changed.