Meta to cut ~8,000 jobs May 20 to fund $115–135B in 2026 AI capex; teams reorganized into 'AI pods' under Alexandr Wang

Meta will lay off ~8,000 employees (about 10% of its 78,865 workforce) starting May 20, with more cuts planned in H2 2026, to fund $115–135B in 2026 AI capex. Surviving teams are being reorganized into 'AI pods' under new CAIO Alexandr Wang's Superintelligence Labs, with new 'AI builder' and 'AI pod lead' titles replacing traditional engineering tracks.