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Meta warns more layoffs could follow 10 percent workforce cut on May 20

Technology
Published on 2 May 2026
Meta warns more layoffs could follow 10 percent workforce cut on May 20

The next cuts may come fast after May 20

Meta’s chief people officer says additional layoffs may be on the table, even as the company prepares for planned job cuts affecting 10% of its global workforce on May 20. Meta argues the core business is strong, but shifts in priorities and relentless competition mean costs must keep tightening, even while major resources flow into AI development and infrastructure.

  • Meta plans layoffs affecting 10% of its global workforce on May 20
  • Leadership signals further cuts could still happen after the initial round
  • Meta cites changing priorities and intense competition as drivers
  • AI development and infrastructure remain a major investment focus
Read the full story at The Economic Times

This summarization was done by Beige for a story published on The Economic TimesThe Economic Times

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