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The Meta logo appears on a smartphone screen, with an exchange rate arrow display as the background on a laptop computer screen in this video illustration in Athens, Greece, on April 18, 2026. Meta intends to conduct a first wave of sweeping layoffs planned for this year on May 20, with more coming later, according to three sources familiar with the plans. 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 says.
The Meta logo appears on a smartphone screen, with an exchange rate arrow display as the background on a laptop computer screen in this video illustration in Athens, Greece, on April 18, 2026. Meta intends to conduct a first wave of sweeping layoffs planned for this year on May 20, with more coming later, according to three sources familiar with the plans. 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 says.
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