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Wednesday, February 4, 2026

Meta Lays Off 15,000 Employees; Oculus Founder Backs Move

Meta Cuts 15,000 Jobs in Major Restructuring

Meta, the parent company of Facebook, Instagram, and WhatsApp, has announced a massive layoff of 15,000 employees. The move, confirmed on January 19, 2026, marks one of the largest workforce reductions in recent tech history.

Key Takeaways

  • Meta lays off 15,000 employees in a major restructuring.
  • Oculus founder Palmer Luckey, fired by Zuckerberg in 2017, publicly supports the decision.
  • Cuts focus on the loss-making Reality Labs (metaverse) division.
  • CEO Mark Zuckerberg calls for a “leaner, more technical company.”

Oculus Founder’s Surprising Endorsement

In a notable development, Palmer Luckey—the founder of Oculus VR who was famously fired by Mark Zuckerberg in 2017—has publicly backed the layoffs. On social media, Luckey termed Meta’s decision a “good decision” for the company’s long-term health.

He stated the job cuts were a necessary step to streamline operations and refocus on core products. Luckey argued Meta had become bloated and inefficient, and the restructuring would make it more agile and competitive.

Reality Labs Bears the Brunt

The layoffs primarily impact Meta’s Reality Labs division, the unit driving its metaverse and virtual reality ambitions. This division has been a significant financial drain, reporting billions in losses over recent quarters.

Zuckerberg’s Internal Memo

Meta CEO Mark Zuckerberg defended the move in an internal memo, citing a need for a “major shift in priorities” and a “leaner, more technical company.” He expressed regret for the impact on employees but insisted the changes were essential for future growth.

Tech Community Divided

The announcement has sparked debate. While some analysts agree with Luckey’s view of a necessary correction, others criticize the scale of the layoffs and its potential impact on workforce morale and innovation.

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