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A file image of Meta CEO Mark Zuckerberg. | Photo Credit: AP Meta began laying off roughly 8,000 employees on Wednesday (May 20, 2026) — about 10% of its global workforce — as co-founder and Chief Executive Mark Zuckerberg pushes to redirect resources toward an ambitious artificial intelligence agenda. According to Bloomberg, notifications went out…
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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…
Read More “Meta targets May 20 for first wave of layoffs; additional cuts later in 2026” »