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Meta Reportedly Plans to Lay Off 10% of Global Workforce Next Mth, Affecting ~8K Employees w/ Further Job Cuts in 2H26
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Meta (META.US) plans to launch its first wave of large-scale layoffs this year on 20 May, with more job cuts later, Reuters quoted sources as saying. The first round of layoff will reduce about 10% of the Company's global workforce, affecting nearly 8,000 employees, sources noted. The Company also plans further layoffs in 2H26, although specific details such as timing and scale have yet to be finalized. Executives may adjust their plans depending on developments in AI technology. Earlier reports indicated that Meta was planning to lay off 20% or more of its global workforce. Auto-translated by AI This article was automatically translated by AI, the original language version should be considered the authoritative version. AASTOCKS.com Limited does not guarantee its accuracy or completeness and accepts no liability for any damages or losses arising from the use of this translation. More Details
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