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
One thing to note is Facebook bought a ton of other companies. So some of those people didn’t choose to work there at all they just stayed because they needed to keep their job. Some may even be trapped by circumstances like visas or medical needs. Companies don’t only screw over their users. They buy people and screw them too.
Staying is still a choice tho and if thry were retained, they likely tasted some action. Im not going to feel sorry for the closest analog billionaires have in the labor force, they will be fine, however impossibly far apart as they may be in reality