Exclusive-Meta lays out plans for May 20 layoffs, restructuring, internal document says
Exclusive-Meta lays out plans for May 20 layoffs, restructuring, internal document says
By Katie PaulMon, May 18, 2026 at 7:18 PM UTC
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A woman stands near a Meta logo during the 56th annual World Economic Forum (WEF) meeting, in Davos, Switzerland, January 20, 2026. REUTERS/Romina Amato
By Katie Paul
NEW YORK, May 18 (Reuters) - Meta is planning to carry out its layoffs of 10% of its employees in three batches globally on Wednesday, with notifications going out at 4 a.m. local time, according to an internal document seen by Reuters on Monday.
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In the document, the Facebook owner's head of human resources also told employees that "many leaders will announce org changes" in coordination with the layoffs.
As part of that, the company plans to move 7,000 employees to new initiatives related to AI workflows and to eliminate managerial roles, she said.
(Reporting by Katie Paul in New York; Editing by Chizu Nomiyama)
Source: “AOL Money”
