Tech companies are reporting record revenues while cutting tens of thousands of positions. The money isn't disappearing — it's being redirected into AI infrastructure. Three views of the same shift.
Jobs eliminated in 2026 (thousands)
Figures reflect announced or confirmed cuts through May 20, 2026. PayPal total spread over two to three years. Sources: The Next Web, Yahoo Finance, BeInCrypto, NBC News.
AI capital expenditure: 2025 vs. 2026 guidance ($ billions)
Meta capex guidance is midpoint of $115–135B range. Oracle figure reflects announced infrastructure commitment, not traditional capex. Sources: Meta Q4 2025 earnings; Oracle investor presentations; The Next Web.
Meta workforce reductions since November 2022 (hover each event)
Cumulative total through May 20, 2026: approximately 25,000 positions. Sources: The Next Web, NBC News, American Bazaar.