Meta targets May 20 for first wave of layoffs; additional cuts later in 2026
The Hindu·2h ago·Neutral
What Happened
Meta plans its first wave of layoffs on May 20, 2026, targeting approximately 10% of its global workforce, or nearly 8,000 employees, according to Reuters sources. Additional workforce reductions are expected later this year. Facebook and Instagram owner Meta confirmed the restructuring plans involving significant staff cuts across operations.
Key Entities
MetaFacebookInstagramMay 20 20268000 employees10% workforceReuters