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67 new news items in the last 24 hours
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  2. Economy

Meta will lay off nearly 8,000 employees, starting May 20. This is the first phase of the restructuring, with further cuts planned for the second half of the year.

Raluca Ioana Draghici
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19 April 2026, 09:08
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Meta, the parent company of Facebook and Instagram, will launch a restructuring plan on May 20 that aims to lay off nearly 8,000 employees, or 10% of its workforce.


This represents the first stage of a broader process, with additional cuts scheduled for the second half of the year, depending on the evolution of artificial intelligence technologies.


Although Meta representatives have not officially commented on the scale of the layoffs, insider sources suggest that the plans could include a reduction of over 20% of the total number of employees globally. This decision comes against the backdrop of similar layoffs at other companies, such as Amazon and Block, which have justified the cuts by citing increased efficiency through artificial intelligence.


According to the Layoffs.fyi platform, over 73,000 employees in the tech sector have lost their jobs this year.


The current cuts are the largest for Meta since the restructuring in 2022-2023, when 21,000 employees were laid off. Meta, headquartered in Menlo Park, California, generated over $200 billion in revenue in 2025 and has nearly 79,000 employees.


Recently, the company reorganized teams within the Reality Labs division, creating a new structure called 'Applied AI' to accelerate the development of artificial intelligence agents.

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Hot News
Concedieri masive anunțate la Meta. Aproape 8.000 de angajați, vizați de primul val de restructurări
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Spotmedia
Meta începe pe 20 mai primul val de concedieri din 2026. Aproape 8.000 de angajați rămân fără loc de muncă
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Meta pregăteşte concedieri masive începând cu 20 mai: 8.000 de angajaţi, daţi afară dintr-un foc
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Meta Platforms, proprietara Facebook şi Instagram, pregăteşte concedieri masive începând cu 20 mai

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