# Meta intends to conduct a first wave of sweeping layoffs planned for this year on May 20, with more coming later.

*business · news · 2026-04-17 · Newsmax*

## Key points

- Meta will lay off nearly 8,000 employees, or 10% of its global workforce, starting May 20.
- Further layoffs are planned later this year, but details on timing and size remain undetermined.
- Layoff plans may be adjusted depending on developments in artificial intelligence capabilities within Meta.
- Some staff will be moved to a newly created Meta Small Business unit as part of the restructuring.
- Meta has formed an 'Applied AI' organization by combining engineers from different teams to accelerate AI development.

**Companies:** Meta, Amazon.com, Block
**Countries:** United States

[Read the full story on Newsmax](https://www.newsmax.com/finance/streettalk/meta-layoffs-efficiency/2026/04/17/id/1253337/)

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