Meta's 8,000-person layoff set for May 20

Meta will cut 10% of workforce (approximately 8,000 employees) on May 20 and cancel 6,000 open roles—effectively a 14,000-person reduction. The CFO stated the restructuring offsets AI capex investments. Following January Reality Labs cuts (1,000) and March reductions (700), this marks Meta's third major purge of 2026.