Introduction Meta Platforms Inc. plans to reduce its global workforce by approximately 10%, eliminating nearly 8,000 jobs, with the first wave of layoffs set for May 20, according to a report from Reuters on Friday, April 17, 2026. [1] The company’s stock rose nearly 2% following the report. Further workforce reductions are expected in the second half […]
Meta Plans 8,000 Job Cuts in May, With Further Layoffs Expected Later This Year