{"id":590967,"date":"2026-04-18T03:18:10","date_gmt":"2026-04-18T03:18:10","guid":{"rendered":"https:\/\/www.newsbeep.com\/us\/590967\/"},"modified":"2026-04-18T03:18:10","modified_gmt":"2026-04-18T03:18:10","slug":"meta-reportedly-plans-to-cut-around-8000-jobs-or-10-starting-may-20","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us\/590967\/","title":{"rendered":"Meta reportedly plans to cut around 8,000 jobs, or 10%, starting May 20"},"content":{"rendered":"\n<p>Meta President &amp; Vice Chairman Dina Powell McCormick joins &#8216;Mornings with Maria&#8217; to discuss how AI-powered smart glasses are transforming lives, restoring independence to blinded veterans and fueling explosive company growth.<\/p>\n<p>Meta is preparing to cut <a href=\"https:\/\/www.foxbusiness.com\/category\/jobs\" target=\"_blank\" rel=\"noopener nofollow\">thousands of jobs<\/a> as early as next month, with deeper layoffs expected later this year, according to a report.<\/p>\n<p>The <a href=\"https:\/\/www.foxbusiness.com\/technology\" target=\"_blank\" rel=\"noopener nofollow\">tech giant<\/a> intends to slash roughly 10% of its global workforce \u2014 or nearly 8,000 employees \u2014 in an initial round of cuts on May 20, sources told Reuters.<\/p>\n<p>The company is also planning additional layoffs in the second half of the year, though details including timing and scope remain unclear, the outlet reported.<\/p>\n<p>The report follows earlier Reuters reporting that Meta was <a href=\"https:\/\/www.foxbusiness.com\/technology\/meta-eyes-massive-20-workforce-cut-ai-infrastructure-costs-continue-soar-across-operations-report\" target=\"_blank\" rel=\"noopener nofollow\">weighing cuts<\/a> that could affect at least 20% of its workforce as it seeks to offset rising artificial intelligence costs.<\/p>\n<p><a href=\"https:\/\/www.foxbusiness.com\/media\/adl-warns-meta-policy-shift-could-hurt-ad-revenue-report-notes-rise-hateful-extremist-content\" target=\"_blank\" rel=\"noopener nofollow\">ADL WARNS META POLICY SHIFT COULD HURT AD REVENUE AS REPORT NOTES RISE IN HATEFUL, EXTREMIST CONTENT<\/a><\/p>\n<p>    <img decoding=\"async\" src=\"https:\/\/www.newsbeep.com\/us\/wp-content\/uploads\/2026\/04\/mark-zuckerberg.jpg\" alt=\"Mark Zuckerberg leaving LA courthouse\"\/> <\/p>\n<p>Meta CEO Mark Zuckerberg leaves the federal courthouse in downtown Los Angeles after defending the company in a landmark social media addiction trial in Los Angeles Feb. 19, 2026.\u00a0 (Jon Putman\/Anadolu via Getty Images \/ Getty Images)<\/p>\n<p>When reached by FOX Business, Meta declined to comment.<\/p>\n<p>Previously, a Meta spokesperson told FOX Business the earlier Reuters report was &#8220;a speculative report about theoretical approaches.&#8221;<\/p>\n<p>The cuts come as Meta looks to offset the cost of <a href=\"https:\/\/www.foxbusiness.com\/category\/artificial-intelligence\" target=\"_blank\" rel=\"noopener nofollow\">AI infrastructure<\/a> and streamline operations with AI-assisted workers.<\/p>\n<p><a href=\"https:\/\/www.foxbusiness.com\/media\/meta-vows-appeal-landmark-social-media-verdicts-warns-free-speech-erosion\" target=\"_blank\" rel=\"noopener nofollow\">META VOWS APPEAL OF &#8216;LANDMARK&#8217; SOCIAL MEDIA VERDICTS, WARNS OF FREE SPEECH EROSION<\/a><\/p>\n<p>    <img decoding=\"async\" src=\"https:\/\/www.newsbeep.com\/us\/wp-content\/uploads\/2026\/04\/Meta.jpg\" alt=\"Signage outside Meta headquarters\"\/> <\/p>\n<p>Signage outside Meta headquarters in Menlo Park, Calif., April 20, 2023.\u00a0 (David Paul Morris\/Bloomberg via Getty Images \/ Getty Images)<\/p>\n<p>CEO Mark Zuckerberg has invested billions of dollars in artificial intelligence as the company pivots toward the technology.<\/p>\n<p>Meta has also reorganized teams within its Reality Labs division and moved engineers into a new Applied AI group focused on developing AI agents capable of writing code and performing complex tasks, according to Reuters.<\/p>\n<p>Meta employed nearly 79,000 people as of\u00a0Dec. 31, according to its latest filing.<\/p>\n<p><a href=\"https:\/\/www.foxbusiness.com\/markets\/metas-bay-area-layoffs-affect-roughly-200-workers-company-pours-billions-ai-infrastructure\" target=\"_blank\" rel=\"noopener nofollow\">META&#8217;S BAY AREA LAYOFFS AFFECT ROUGHLY 200 WORKERS AS COMPANY POURS BILLIONS INTO AI INFRASTRUCTURE<\/a><\/p>\n<p>    <img decoding=\"async\" src=\"https:\/\/www.newsbeep.com\/us\/wp-content\/uploads\/2026\/04\/mark-zuckerberg-trial-meta.jpg\" alt=\"A technology executive stands on stage presenting new hardware during a company event.\"\/> <\/p>\n<p>Mark Zuckerberg, CEO of Meta Platforms Inc., appears during the Meta Connect event in Menlo Park, Calif., Sept. 17, 2025. (David Paul Morris\/Bloomberg via Getty Images \/ Getty Images)<\/p>\n<p>A 20% reduction would mark Meta\u2019s largest restructuring since 2022 and early 2023.<\/p>\n<p>The company laid off 11,000 workers in November 2022 \u2014 about 13% of its workforce \u2014 and cut another 10,000 jobs months later.<\/p>\n<p>Other major companies, including Amazon, have also announced layoffs linked to AI developments.<\/p>\n<p><a href=\"https:\/\/www.foxbusiness.com\/apps-products\" target=\"_blank\" rel=\"noopener nofollow\">GET FOX BUSINESS ON THE GO BY CLICKING HERE<\/a><\/p>\n<p>Amazon said in January it <a href=\"https:\/\/www.foxbusiness.com\/retail\/amazon-cut-thousands-jobs-sweeping-corporate-layoffs\" target=\"_blank\" rel=\"noopener nofollow\">would cut around 16,000 jobs<\/a> after previously announcing about 14,000 white-collar layoffs in October, bringing total reductions to roughly 30,000 roles.<\/p>\n<p>Reuters contributed to this report.<\/p>\n","protected":false},"excerpt":{"rendered":"Meta President &amp; Vice Chairman Dina Powell McCormick joins &#8216;Mornings with Maria&#8217; to discuss how AI-powered smart glasses&hellip;\n","protected":false},"author":2,"featured_media":590968,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[45],"tags":[182,181,507,74],"class_list":["post-590967","post","type-post","status-publish","format-standard","has-post-thumbnail","category-artificial-intelligence","tag-ai","tag-artificial-intelligence","tag-artificialintelligence","tag-technology"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts\/590967","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/comments?post=590967"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts\/590967\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/media\/590968"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/media?parent=590967"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/categories?post=590967"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/tags?post=590967"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}