Meta Planning to Lay Off Approximately 8,000 Employees in May
Meta is reportedly planning to lay off around 8,000 employees, or 10% of its workforce, in May 2026. This is the first of two planned waves of layoffs for the year, with potential for additional cuts later in 2026. The news comes amid ongoing challenges in the tech sector.
Tickers: $META
Topics: Layoffs Meta Tech Industry Workforce Reduction