May 19: Meta Platforms is set to begin laying off around 10% of its global workforce starting May 20, as part of a broader restructuring aimed at improving efficiency and shifting focus toward artificial intelligence-driven operations.
The job cuts are expected to impact roughly 8,000 employees and are part of the company’s ongoing efforts to streamline operations, reduce management layers, and reallocate resources toward high-priority AI initiatives.
According to reports, the restructuring reflects Meta’s strategy to build smaller, more agile teams while increasing investment in AI infrastructure and automation technologies.
The layoffs will be carried out in phases, with employees receiving notifications through official company channels. The move comes amid Meta’s continued push to balance rising capital expenditure with organizational efficiency.
The company has not publicly detailed additional changes beyond the planned workforce reduction, but the restructuring is expected to significantly reshape internal team structures across divisions.