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Meta’s New Reality: Record High Profits. Record Low Morale

Wired AI Paresh Dave, Lauren Goode, Steven Levy, Zoë Schiffer May 14, 2026
Meta’s New Reality: Record High Profits. Record Low Morale
AI Summary— plain English for professionals

# Meta is laying off 10% of staff despite making record profits, creating a strange situation where the company is financially thriving while employees report widespread unhappiness and uncertainty about their jobs.

Next week, Meta is cutting about 10 percent of its staff. WIRED spoke with more than a dozen current and former employees about what it's like inside a company where "everyone is unhappy."

Read full article on Wired AI

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