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Meta targets May 20 for first wave of layoffs; additional cuts later in 2026

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Meta targets May 20 for first wave of layoffs; additional cuts later in 2026

Image used for representational purposes. File | Photo Credit: Reuters 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 told Reuters. The ⁠Facebook and Instagram owner will lay off about 10% of its global workforce, or close…

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