The parent company of Facebook, Meta, has announced plans to lay off nearly 10% of its total workforce, 8,000 positions, starting in early May 2026. These layoffs may not be the only layoffs, as more might be announced after May of this year.
Meta Reportedly to Cut 8,000 Jobs in Upcoming Layoffs Amid AI Cost Pressures – MLQ.ai– news.google.com
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EXCERPT:
Key Points
- Meta to eliminate about 8,000 positions, roughly 10% of its global workforce of nearly 79,000, starting May 20.1
- Cuts aim to offset costs of AI infrastructure investments and streamline operations with AI-assisted workers.1
- Additional layoffs expected in second half of 2026, though details on scale and timing unclear.1
- Follows earlier reports of potential cuts up to 20% of staff.1
- Meta declined to comment on the reports.1
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