# Meta intends to conduct a first wave of sweeping layoffs planned for this year on May 20.

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

## Key points

- Meta will lay off about 8,000 employees, or 10% of its global workforce, on May 20.
- Further Meta layoffs are planned later this year, with size and timing yet undecided.
- Executives may alter layoff plans depending on progress in Meta’s artificial intelligence capabilities.
- Meta has created a new 'Applied AI' organization for developing autonomous AI agents.
- Some staff will be transferred into the recently formed Meta Small Business unit as part of restructuring.

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

[Read the full story on Moneycontrol](https://www.moneycontrol.com/world/meta-targets-may-20-for-first-wave-of-layoffs-additional-cuts-later-in-2026-article-13892433.html)

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