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The Facebook owner is planning to lay off 10% of its employees on Wednesday, with additional deep cuts slated to come later this year.
Meta is set to begin cutting around 10% of its workforce on Wednesday as part of a major restructuring linked to its AI push. Internal memos reveal layoffs will roll out in waves, while over 7,000 employees are being moved into AI-focused roles.
Meta told employees last month that it would carry out mass layoffs on May 20, as the Silicon Valley giant tries to transform into an A.I.-first company.
2hon MSN
Meta layoffs: 8,000 employees to be laid off, Singapore staff among first hit amid AI restructuring
Meta has started laying off nearly 8,000 employees globally, with workers in Singapore among the first affected. The cuts are part of CEO Mark Zuckerberg’s broader restructuring strategy as the company increases spending on artificial intelligence and streamlines operations.
Meta is slated to cut 10% of its staff this week. On Monday, its HR chief Janelle Gale gave staff a better idea of what to expect.
The Manila Times on MSN
Meta targets May 20 for first wave of layoffs; additional cuts later in 2026
NEW YORK/SAN FRANCISCO — 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 percent of its global workforce,
Meta is starting layoffs this week, with 8,000 jobs expected to be cut, as employees brace for a new era of AI.
Layoffs have hit over 30 companies in 2026, including Meta, Walmart, and Standard Chartered, as AI and economic conditions reshape the business landscape.