Meta Platforms is reportedly preparing for a major round of layoffs, with around 8,000 jobs, nearly 10% of its global workforce, expected to be cut starting May 2026, according to reports.
This move marks one of the company’s largest job reductions since its “year of efficiency” in 2022–23, when about 21,000 employees were laid off.
Despite posting strong financials, over $200 billion in revenue and $60 billion in profit, Meta is restructuring to focus heavily on artificial intelligence (AI) and streamline operations.
The company is aiming to build a leaner organisational structure with fewer management layers, increasing reliance on AI-driven tools and automation.
Reports also suggest that this may be just the first wave, with additional layoffs likely later in 2026 depending on how its AI strategy evolves.
The development reflects a broader trend across the tech industry, where companies are cutting jobs while simultaneously investing heavily in AI to improve efficiency and reshape future operations.
