Meta: First Wave of Layoffs on May 20 – 8,000 Employees Affected

Meta, the parent company of Facebook and Instagram, is planning a first wave of mass layoffs on May 20, affecting approximately 8,000 employees, according to Reuters.

The company is considering additional layoffs in the second half of 2026. The decisions will depend on the development of AI technologies and their integration into the company's operations.

CEO Mark Zuckerberg is investing heavily in AI, aiming for a more streamlined organizational structure and greater efficiency through automated processes.