“8,000 Jobs in One Day?” Meta’s Massive Layoff Plan Sparks Shock and Uncertainty

Brief By Reuters / 11:30 AM on 18 Apr 2026

Meta is reportedly preparing to cut around 8,000 jobs, roughly 10% of its workforce, on May 20 in its first layoff wave this year, according to Reuters. Additional layoffs may follow later in 2026, though details remain unclear. Earlier reports suggested deeper cuts of up to 20% as restructuring efforts continue.