Meta is preparing to begin another major round of layoffs on May 20, cutting about 10% of its global workforce — or nearly 8,000 employees — in an initial wave, according to a Reuters report published Friday.
The Menlo Park company, which owns Facebook, Instagram and WhatsApp, is also planning additional layoffs later in 2026, Reuters reported, citing three sources familiar with the plans. The scope and timing of those future cuts have not been finalized.
Meta declined to comment on the timing or size of the layoffs.
If carried out as reported, the cuts would mark Meta’s biggest round of layoffs since its 2022 and 2023 restructuring, when the company eliminated about 21,000 jobs during what CEO Mark Zuckerberg called its “year of efficiency.”
This time, the company is on stronger financial footing.
Meta generated more than $200 billion in revenue last year and posted $60 billion in profit, even as it poured money into artificial intelligence. But as the company races to build out its AI business, it is also reshaping its workforce.
Reuters reported that Meta executives envision a leaner organization with fewer management layers and more work handled by AI-assisted employees.
The report also said the company has recently reorganized teams within Reality Labs and moved engineers into a new Applied AI group focused on building AI agents that can write code and perform complex tasks.
Some employees may also be reassigned into Meta Small Business, a unit created last month, Reuters reported.
The company has already been trimming jobs in the Bay Area this year.
Earlier this month, the Chronicle reported that Meta planned to cut nearly 200 jobs in Burlingame and Sunnyvale, based on filings with California’s Employment Development Department.
“Teams across Meta regularly restructure or implement changes to ensure they’re in the best position to achieve their goals,” a company spokesperson said in a previous statement. “Where possible, we are finding other opportunities for employees whose positions may be impacted.”