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Meta Plans First Wave of 8,000 Layoffs on May 20

The layoffs are part of a broader restructuring that will shift teams into AI-focused pods as Meta plans up to $135 billion in 2026 spending.

  • On May 20, Meta will begin companywide layoffs cutting approximately 8,000 employees, or 10% of its global workforce, as the company pivots toward artificial intelligence infrastructure.
  • Driven by a reallocation toward AI infrastructure, Meta is projecting 2026 expenditures between $115 and $135 billion for data centers and Llama models, nearly double 2025 spending.
  • CEO Mark Zuckerberg has reorganized teams into AI-focused "pods" under Chief AI Officer Alexandr Wang, while redesigning performance reviews to reward output with top performers eligible for up to 300% bonuses.
  • Tech companies have shed more than 95,000 jobs this year across 247 layoff events, with Oracle and Amazon similarly cutting headcount to fund AI infrastructure and efficiency gains.
  • Additional layoffs are planned for the second half of 2026, though timing and scope remain unsettled as Meta balances record AI spending with operating margins Wall Street expects.
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According to Reuters, the parent company of Facebook and Instagram is considering additional layoffs in the second half of 2026.

Reuters has reported that Meta, the company that operates Instagram and Facebook, plans to lay off 10% of its employees in May 2026.

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thecanadianmedia.com broke the news on Saturday, April 18, 2026.
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