Indonesian Political, Business & Finance News

Mark Zuckerberg Acknowledges Mistakes After 8,000 Job Cuts

| | Source: KOMPAS Translated from Indonesian | Business
Mark Zuckerberg Acknowledges Mistakes After 8,000 Job Cuts
Image: KOMPAS

Mark Zuckerberg has finally spoken. After laying off approximately 8,000 employees at Meta, the parent company of Facebook, Instagram, and WhatsApp, the CEO sent a letter not only containing farewell messages but also a public admission of past mistakes that had been suppressed.

The letter was delivered to 78,000 employees’ inboxes on Wednesday (20 May 2026) local time. The distribution occurred in three phases starting at 4:00 AM, beginning in Asia including Singapore, then Europe, and finally the United States. The 8,000 affected employees represent 10% of Meta’s total workforce.

For those losing their jobs, the company provided a severance package of 16 weeks’ base salary, plus two additional weeks for each year of service, along with 18 months of health insurance coverage specifically for US staff.

Zuckerberg openly admitted that Meta handled the transition poorly. He acknowledged employee complaints about unclear internal communication prior to the layoff announcement and promised to improve transparency moving forward.

This admission comes in context. Employees had been confused since rumours of layoffs first surfaced on 23 April. For weeks, management provided no official clarity, while uncertainty continued to erode morale within the company.

Besides the admission, Zuckerberg also gave a concrete assurance to the remaining 70,000 employees that there would be no further large-scale layoffs for the rest of 2026. However, this promise comes with a caveat. During the 29 April earnings call, Meta CFO Susan Li admitted she did not know the exact number of staff the company actually needs.

Behind the farewell letter lies concrete financial reasons. The layoff of 8,000 employees was to cover Meta’s soaring capital expenditure, estimated at $125 billion to $145 billion this year, nearly double the 2025 spending. The funds are allocated for building data centres, developing chips, and training large language models at Meta Superintelligence Labs as part of the company’s ambitious AI goals.

The restructuring also includes cancelling 6,000 open job positions and transferring 7,000 employees to new AI projects. A new team called Applied AI and Engineering reportedly absorbed around 2,000 employees from the transfers.

With no choice in the process, employees sarcastically dubbed the forced reassignments as “The Draft”, a term associated with military conscription.

Meta’s internal conditions are currently reported to be bleak, with employee sentiment on the anonymous platform Blind hitting the lowest in the company’s history.

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