Meta CEO Mark Zuckerberg admits errors in AI‑driven restructuring

Meta announced a major workforce reduction in May 2026, cutting about 8,000 jobs – roughly 10% of its global staff – and reassigning 7,000 employees to new artificial‑intelligence projects. In an internal memo obtained by Reuters, CEO Mark Zuckerberg acknowledged that the company “made mistakes and will probably make more” during the complex AI‑focused reorganization. He said the priority now is to provide as much stability as possible and that no further layoffs are expected this year. Zuckerberg also pledged to trim overly large manager‑to‑staff ratios, such as the reported 50‑person span in the Applied AI Engineering unit, and to boost collaboration through a company‑wide hackathon and larger event budgets. Meta’s AI infrastructure spending is projected at $125‑145 billion, and the news has already pushed its share price down more than five percent.