Meta plans to conduct its first wave of company-wide layoffs on May 20, according to sources. Meta's May 20 layoffs are expected to affect approximately 10% of its total workforce, a source says. Meta is planning additional firm-wide cuts later in 2026, sources say.

Apr 17, 2026, 7:51:03 PM UTC(4 hours ago)

Impact: High

Affected Assets

Meta plans to conduct its first wave of company-wide layoffs on May 20, according to sources.
Meta plans its first company-wide layoffs on May 20, according to sources.
The initial wave of layoffs is expected to affect approximately 10% of Meta's total workforce.
Meta is planning additional firm-wide cuts later in 2026, sources say.
These layoffs follow prior workforce reductions, including in Reality Labs, as Meta shifts toward AI-centric operations.
Meta has previously announced plans to cut 20% of its workforce.

Sources

$META - META PLANS TO CARRY OUT FIRST WAVE OF COMPANYWIDE LAYOFFS ON MAY 20, SOURCES SAY META'S MAY 20 LAYOFFS EXPECTED TO HIT ABOUT 10% OF TOTAL WORKFORCE, SOURCE SAYS META IS PLANNING ADDITIONAL FIRM-WIDE CUTS LATER IN 2026, SOURCES SAY

Meta plans to conduct its first wave of company-wide layoffs on May 20, according to sources. Meta's May 20 layoffs are expected to affect approximately 10% of its total workforce, a source says. Meta is planning additional firm-wide cuts later in 2026, sources say.

Affected Assets

Sources

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