Introduction Meta Platforms Inc. plans to reduce its global workforce by approximately 10%, eliminating nearly 8,000 jobs, with the first wave of layoffs set for May 20, according to a report from Reuters on Friday, April 17, 2026. [1] The company’s stock rose nearly 2% following the report. Further workforce reductions are expected in the second half of the year, although the exact scale and timing remain undetermined. [1] Sources told Reuters that the plans could be adjusted based on the state of the company’s artificial intelligence capabilities. [1] Meta had approximately 79,000 employees globally as of December 31, according to company filings. [1] A Meta spokesperson previously…
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