Meta CEO Mark Zuckerberg said AI cost increases drove the company's decision to cut 8,000 jobs (10% of workforce), a move confirmed across Forbes, Fox Business, and Business Insider. The layoffs are tied to Meta's massive capex spending on AI infrastructure—the company expects capital expenditures to reach up to $145 billion this year. Zuckerberg hasn't ruled out additional cuts beyond the current 10%, signaling further workforce reductions may follow if spending continues to rise.