Meta layoffs: More cuts possible after 10% workforce reduction on May 20
Published on: May 2, 2026, 3:32 p.m. | Source: The Economic Times
Meta's chief people officer indicated that further layoffs are possible, despite upcoming cuts set to impact 10% of its global workforce. While the business remains strong, changing priorities and fierce competition necessitate ongoing cost management. The company is also investing heavily in AI development and infrastructure.
