Industry
Sources: Meta intends to conduct a first wave of sweeping layoffs planned for this year on May 20, laying off ~10% of its global workforce, or ~8,000 employees (Reuters)
Reuters: Sources: Meta intends to conduct a first wave of sweeping layoffs planned for this year on May 20, laying off ~10% of its global workforce, or ~8,000 employees — Meta (META.O) intends to cond
Reuters: Sources: Meta intends to conduct a first wave of sweeping layoffs planned for this year on May 20, laying off ~10% of its global workforce, or ~8,000 employees — Meta (META.O) intends to conduct a first wave of sweeping layoffs planned for this year on May 20, with more coming later …
Related
- Memo: Snap CEO Evan Spiegel says the company plans to lay off ~1,000 full-time employees, or 16% of its global workforce, to cut costs and achieve profitability (Alexandra S. Levine/Bloomberg)
- Sources: China mobilizes multiple agencies to probe Meta's $2B Manus deal; some officials worry aggressive measures may send chilling signals to the tech sector (Financial Times)
- Sources: Meta is building photorealistic, AI-powered 3D characters; Mark Zuckerberg helped train and test an AI version of himself that offers feedback to staff (Financial Times)
- In disclosures due to Broadcom CEO Hock Tan's presence on the Meta board, Meta says it paid Broadcom $2.3B in 2025; Tan is leaving the board (Martin Peers/The Information)
Source: Techmeme | 2026-04-17