โMeta intends โto conduct a first wave of sweeping layoffs planned for this year on May 20, with more โcoming later, three sources familiar with the plans told Reuters. The #Facebook and #Instagram owner will #LayOff about 10% of its global #workforce, or close to 8,000 employees, in that initial round, one of the sources said.
The company is planning further layoffs in the second half of the โyear, the three sources said, although details of those #cuts, including date and size, were not yet settled. โ#Executives may adjust their plans as they observe developments in #ArtificialIntelligence capabilities, the sources addedโ
#WhiteCollar / #ZeroHourWork / #Meta <https://reuters.com/world/meta-targets-may-20-first-wave-layoffs-additional-cuts-later-2026-2026-04-17/>








