# Meta Platforms reportedly preparing to cut around 8,000 jobs in one of its most significant workforce reductions in recent years.

*business · news · 2026-04-20 · Firstpost*

## Key points

- Meta Platforms plans to lay off 8,000 employees, about 10 percent of its workforce, in May 2026.
- Oracle Corporation is cutting between 20,000 and 30,000 jobs globally, with 12,000 in India alone.
- Snap is not only cutting 1,000 jobs but also eliminating 300 unfilled roles to slow hiring.
- Disney's restructuring under new CEO Josh D’Amaro involves 1,000 layoffs with tiered severance based on position and tenure.
- These layoffs are driven by a strategic pivot toward AI and automation across multiple tech companies.

**Companies:** Meta Platforms, Walt Disney Company, Oracle Corporation, Snap Inc
**Countries:** India, United States

[Read the full story on Firstpost](https://www.firstpost.com/tech/tech-layoffs-2026-meta-plans-to-8000-job-cuts-over-73000-roles-lost-globally-in-3-months-ws-e-14002303.html)

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