Meta layoffs: Tech giant to cut 8,000 jobs as 10% workforce reduction begins May 20

Meta Platforms is set to reduce its global workforce by about 10%, a move that will affect roughly 8,000 employees, according to a Bloomberg report. The planned layoffs are part of a broader restructuring effort as the company adjusts its spending priorities and operational strategy.

In addition to the job cuts, Meta will also freeze hiring for around 6,000 currently open roles. An internal memo reportedly sent to employees confirmed that the layoffs are expected to begin on May 20, marking one of the company’s latest major workforce adjustments in recent years.

According to the memo, Meta’s chief people officer, Janelle Gale, explained that the decision is tied to efforts to make the company run more efficiently. She acknowledged the difficulty of the move, noting that it would impact employees who have made meaningful contributions to the organization.

The restructuring comes after years of heavy spending, particularly on Meta’s metaverse ambitions, which have yet to deliver expected results. At the same time, the company has been ramping up investment in artificial intelligence to stay competitive in a rapidly evolving tech landscape.

Earlier this month, Meta introduced a revamped AI product, Muse Spark, signaling its renewed focus on AI innovation. The latest layoffs highlight the balancing act the company faces as it shifts resources from experimental projects toward more immediate growth opportunities.

source: Techcrunch