The Meta logo appears on a smartphone screen, and dollar bills 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, three sources familiar with the plans tell 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 says.
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