Meta to cut 10% global workforce in May; another layoff round set for later this year
- Posted on April 18, 2026
- By Financial Express
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Meta Platforms is implementing a significant organizational restructuring with planned workforce reductions beginning in May. The company intends to eliminate approximately 10% of its global staff across multiple phases, with an initial round scheduled for spring followed by additional layoffs anticipated later in 2024. This strategic move reflects broader industry trends of workforce optimization and cost management among major technology corporations facing evolving market conditions.