Meta Platforms is preparing to implement a new round of layoffs in May as part of its ongoing restructuring efforts aimed at improving operational efficiency.
Estimates suggest the cuts could impact around 10% of the company’s total workforce, with May 20 identified as a key date for part of the reductions.
The move is part of a broader cost-adjustment strategy, with expectations of additional layoffs later in 2026.
These developments reflect a broader trend among major technology firms toward cost-cutting and profitability focus amid shifting macroeconomic conditions and slower growth in certain sectors.