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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.
Published – April 18, 2026 02:09 am IST
Source: https://www.thehindu.com/business/Industry/meta-targets-may-20-for-first-wave-of-layoffs-additional-cuts-later-in-2026/article70875365.ece
