Meta AI Updates: April 19, 2026

1. Meta Sets May 20 for First Wave of 10% Workforce Cut to Fund AI Compute

Meta. Reuters-sourced reporting describes a workforce reduction of roughly 8,000 employees (about 10%) starting May 20, with a second round expected in H2 2026 that could push total cuts past 20%. Bank of America models $7–8B in annualized savings being redirected toward AI infrastructure against 2026 capex guidance of $115–135B. The move is the clearest signal yet that hyperscaler AI capex is now being funded directly out of existing payroll — “headcount for compute” as The Decoder framed it — rather than additional borrowing or equity. Source