Sources: Meta intends to conduct a first wave of sweeping layoffs planned for this year on May 20, laying off ~10% of its global workforce, or ~8,000 employees
Meta (META.O) intends to conduct a first wave of sweeping layoffs planned for this year on May 20, with more coming later …
Reuters
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Discussion
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@rihardjarc
Rihard Jarc
on x
$META rumored to cut 10% of workforce with potential additional cuts according to Reuters. Zuck one of the rare CEOs who isn't afraid to do bold moves either way.
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@jeffhorwitz
Jeff Horwitz
on bluesky
The size of Meta's future layoff waves will depend on the speed of improvements in AI tooling and capacity. — It sets up a wild workplace dynamic. — www.reuters.com/world/meta-t...
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r/BayAreaRealEstate
r
on reddit
Meta to lay off 10% of workforce
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r/technology
r
on reddit
Meta targets May 20 for first wave of layoffs; additional cuts later in 2026