20 April 2026

Meta Plans First Wave of 8,000 Layoffs on May 20

Gemini / Google

Meta intends to conduct a first wave of sweeping layoffs planned for this year on May 20, with more coming later, three sources familiar with the plans told Reuters. The Facebook and Instagram owner will lay off 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 year…



from Money Talks News https://ift.tt/le1oKXh


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