Meta to Cut 8,000 Jobs on 20 May with More Layoffs Planned for Second Half of 2026
4 Articles
4 Articles
Meta to cut 8,000 jobs on 20 May with more layoffs planned for second half of 2026
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
According to Reuters, the parent company of Facebook and Instagram is considering additional layoffs in the second half of 2026.
Meta targets 20 May for 8,000 layoffs as it redirects billions toward AI infrastructure
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
Meta may kick off initial layoffs on May 20, report claims - The Canadian Media
IBNS-CMEDIA: The workforce in Meta Platforms is set for a sweeping overhaul with the tech giant aiming for the first wave of layoffs on May 20, Reuters reported. Layoffs plan and scale The company is aiming to slash 10 percent of its current workforce, or lay off around 8,000 employees, in the first wave. This will likely be followed by a second round in the latter half of the year. Reuters had earlier reported that Meta was planning to cut up t…
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