Meta could cut its global workforce by some 8,000 jobs, or about 10 per cent of its total staff, in an initial round of layoffs on May 20, a report by Reuters said.
This is part of the company’s efforts to embrace artificial intelligence-led restructuring, and there will likely be more job cuts in the second half of 2026.
Future job cuts by Meta may be influenced by AI advancements. The company has yet to officially confirm the layoffs.
The move comes as Meta speeds up its efforts towards efficiency and AI-driven productivity gains, mirroring a trend among tech giants.
The company was previously speculated to be planning to cut up to 20 per cent of its employees in the restructuring.
The cuts could be the largest by Meta since its 2022-23 “year of efficiency”, in which 21,000 employees were laid off.
BREAKING:
Meta Platforms To Eliminate Approximately 8,000 Employees And 6,000 Open Positions, Cutting About 10% Of Workforce In Efficiency Drive To Offset Investments. $META pic.twitter.com/84q8QysPLL
— THE GLOBAL WATCHDOG (@glwatchdog) April 23, 2026
While the company is undergoing restructuring, it is presently in better financial health, recording more than USD 200 billion in revenue and USD 60 billion in profits in 2024, with almost 79,000 employees at year-end.
The report added that tech firms are now also adopting smaller teams and speeding up the adoption of AI technologies to boost productivity and save costs.
