Meta is reportedly planning to cut around 8,000 jobs, or 10%, from May 20.
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Meta is preparing to cut thousands of jobs early next month, with deeper layoffs expected later this year, according to the report.
The tech giant aims to cut about 10% of its global workforce – or nearly 8,000 workers – in the first round of layoffs on May 20, sources told Reuters.
The company also plans more layoffs in the second half of the year, although details including timing and scope are not yet clear, the report said.
The report follows an earlier Reuters report that Meta was considering layoffs that could affect at least 20% of its workforce as it seeks to address rising intelligence costs.
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Meta CEO Mark Zuckerberg leaves federal court in downtown Los Angeles after defending the company in a landmark social media addiction trial in Los Angeles Feb. 19, 2026. (Jon Putman/Anadolu via Getty Images/Getty Images)
When reached by FOX Business, Meta declined to comment.
Earlier, a Meta spokesperson told FOX Business that the earlier Reuters report was “a speculative report about the methods used.”
The cuts come as Meta looks to reduce AI infrastructure costs and streamline operations with AI-assisted workforces.
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CEO Mark Zuckerberg has invested billions of dollars in artificial intelligence as the company looks to technology.
Meta also reorganized teams within its Reality Labs division and moved engineers to a new Applied AI group focused on developing AI agents that can write code and perform complex tasks, according to Reuters.
Meta employed nearly 79,000 people as of Dec. 31, according to its most recent filing.
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Mark Zuckerberg, CEO of Meta Platforms Inc., appears during the Meta Connect event in Menlo Park, Calif., Sept. 17, 2025. (David Paul Morris/Bloomberg via Getty Images/Getty Images)
The 20% reduction will mark the Meta’s biggest redesign since 2022 and early 2023.
The company laid off 11,000 workers in November 2022 – about 13% of its workforce – and cut another 10,000 jobs months later.
Other major companies, including Amazon, have also announced layoffs linked to AI developments.
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Amazon said in January it would cut about 16,000 jobs after previously announcing 14,000 layoffs in October, bringing the total reduction to about 30,000 roles.
Reuters contributed to this report.
