Layoffs

GoPro announced 23% workforce reduction (~145 roles) on April 7-8, 2026. Part of cost restructuring for new GP3 processor-powered camera generation. Layoffs to be completed by year end.

Meta Platforms announced 3,600 layoffs across WhatsApp, Instagram, and Facebook teams, even as the company reported spending $11.7 billion on stock buybacks. CEO Zuckerberg described AI infrastructure investment as requiring layoffs to fund, suggesting more cuts may follow.

Meta Platforms is cutting several hundred jobs across sales, marketing, and corporate teams while simultaneously accelerating unprecedented investment in artificial intelligence capabilities.