Meta Tells Staff It Will Cut 10% of Jobs in Push for Efficiency
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April 23, 2026 at 5:35 PM UTCMeta Platforms Inc. plans to cut 10% of workers, or roughly 8,000 employees, in an effort to boost efficiency and offset its heavy spending on artificial intelligence. The company disclosed the move in a memo sent to employees Thursday, saying the layoffs will come on May 20. Meta also won’t hire workers for 6,000 open roles that it had intended to fill.