Meta 8,000 layoffs hit managers hardest, & CEO Zuckerberg's 2023 warning now makes sense

Meta's 8,000-person layoff on May 20 hit middle managers and software engineers hardest, with public filings showing more than 1,400 managers cut, nearly half of them software engineering managers.

The data has reopened CEO Mark Zuckerberg's 2023 line that he didn't want "managers managing managers" at Meta.

With AI capex hitting $145 billion this year, the company is now reshaping its org chart around smaller teams and individual builders. ...