Meta Layoffs: 8,000 Employees To Be Hit In First Phase Starting May 20, More Cuts Ahead
Meta Platforms is planning to cut around 10% of its global workforce, approximately 8,000 jobs, starting May 20, as it shifts spending towards artificial intelligence. The company is expected to continue restructuring efforts, with additional layoffs likely in 2026.
Meta Platforms is set to cut around 10% of its global workforce, approximately 8,000 jobs, starting May 20. This move is part of the company's efforts to restructure its operations and prioritize spending on artificial intelligence. The layoffs mark one of the largest workforce reductions in recent years, underscoring the scale of Meta's internal restructuring. CEO Mark Zuckerberg is investing heavily in AI initiatives to reshape Meta's products and internal workflows. Additional layoffs are planned for later in 2026, although specifics remain unclear. The company's focus on AI reflects a broader trend across the tech industry.
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