On Meta’s Q1 2026 earnings call, CFO Susan Li said the quiet part out loud. “We recently shared internally that we plan to reduce the size of our employee base in May. We believe a leaner operating model will allow us to move more quickly while also helping to offset the substantial investments we are ... Mark Zuckerberg Just Told 8,000 Employees Their Layoffs Are a Line Item in His $145 Billion AI Bill
It’s kind of standard practice at this level. They get a million resumes a week in inbound, of which they hire very little, and they have an army of recruiters who go searching for people in the industry, who for the most part already have a job.
It’s way more profitable to let small startups grow juniors into competent employees and pluck them when they’re ripe, than to take risks on junior profiles. (not that i condone it but it’s a sad truth of recruitment)