Meta intends to conduct a first wave of sweeping layoffs planned for this year on May 20, laying off ~10% of its global workforce, or ~8,000 employees
Meta (META.O) intends to conduct a first wave of sweeping layoffs planned for this year on May 20, with more coming later …
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Meta Axes 8,000 Jobs in First Wave of Mass Layoffs
Meta plans to cut roughly 10% of its global workforce starting May 20, with more rounds expected later.
Meta is swinging the axe again. The company plans to lay off approximately 8,000 employees on May 20, representing about 10% of its entire global workforce. And that's just the opening salvo.
Sources say this is the first wave of sweeping cuts planned for the year, with additional rounds of layoffs expected to follow. The scale is significant — we're talking thousands of jobs wiped out in a single day, with the promise of more pain ahead.
The cuts signal Meta is doubling down on its efficiency-obsessed playbook. The company has made workforce reductions a recurring theme in recent years, trimming headcount while pouring billions into its biggest bets.
No word yet on which teams or divisions will be hit hardest, or how large subsequent waves might be.