Meta to Lay Off 8,000 Employees

April 18 — According to reports, Meta plans to initiate the first round of significant layoffs for the year on May 20. This initial wave is expected to affect APProximately 10% of its global workforce, amounting to nearly 8,000 employees.

The company also plans to conduct further layoffs later this year. However, specific detAIls, including the exACT dates and the scale of subsequent cuts, have not yet been finalized. Executives may adjust the layoff plans based on the development of Artificial Intelligence Technology.