META PLANS TO CARRY OUT FIRST WAVE OF COMPANYWIDE LAYOFFS ON MAY 20, SOURCES SAY META'S MAY 20 LAYOFFS EXPECTED TO HIT ABOUT 10% OF TOTAL WORKFORCE, SOURCE SAYS META IS PLANNING ADDITIONAL FIRM-WIDE CUTS LATER IN 2026, SOURCES SAY

2026-04-18

META PLANS TO CARRY OUT FIRST WAVE OF COMPANYWIDE LAYOFFS ON MAY 20, SOURCES SAY META'S MAY 20 LAYOFFS EXPECTED TO HIT ABOUT 10% OF TOTAL WORKFORCE, SOURCE SAYS META IS PLANNING ADDITIONAL FIRM-WIDE CUTS LATER IN 2026, SOURCES SAY