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Meta to Cut 8,000 Jobs on 20 May with More Layoffs Planned for Second Half of 2026

Summary by TNW
In short: Meta will begin companywide layoffs on 20 May, cutting approximately 8,000 employees (10% of its 78,865-person workforce), with additional cuts planned for the second half of 2026. The restructuring, which follows earlier rounds that brought Zuckerberg’s total cuts since 2022 to roughly 25,000, is driven by a reallocation toward AI infrastructure costing $115-135 […] This story continues at The Next Web

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According to Reuters, the parent company of Facebook and Instagram is considering additional layoffs in the second half of 2026.

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thecanadianmedia.com broke the news on Saturday, April 18, 2026.
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