Meta to lay off 8,000 employees, nearly 10% of its global workforce
via Le Matin1 min read
Meta has informed its employees that a wave of layoffs will occur on May 20, 2026, impacting approximately 8,000 positions, which is nearly 10% of its global workforce. According to an internal memo, these job cuts are part of a reorganization strategy aimed at improving the group's efficiency as investments in artificial intelligence significantly increase. The company seeks to reallocate resources towards its technological priorities. Meta stated that it communicated this plan in advance due to press leaks that had already revealed the layoffs. This internal communication does not officially mention any further waves of layoffs. However, Reuters, citing sources close to the matter, reported that this initial wave could be followed by additional job cuts later in 2026, though the timing and scale of these potential new reductions have not been confirmed by the company. This plan is set against a backdrop of rapid transformation in the technology sector, where several major companies are reducing their workforces to fund AI investments and enhance profitability.
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This summary was AI-generated from a story originally published by Le Matin.
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