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ALWAYS FRED > International > Meta CEO tells employees he doesn’t expect more company-wide layoffs this year
Meta CEO tells employees he doesn't expect more company-wide layoffs this year
International

Meta CEO tells employees he doesn’t expect more company-wide layoffs this year

May 20, 2026 2 Min Read
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Meta Founder Mark Zuckerberg Demonstrates Ray-Ban Meta Glasses in September 2025

Meta CEO Mark Zuckerberg advised workers in an inside memo on Wednesday that the corporate doesn’t anticipate any additional layoffs throughout the corporate this yr, in response to a replica of the memo seen by Reuters.

he made an announcement On the identical day, Fb’s proprietor applied a significant restructuring of the corporate, shedding 10% of its workforce worldwide and transferring 7,000 folks. Allow different workers to take part in new initiatives associated to AI workflows.

“I wish to be clear that we don’t anticipate additional company-wide layoffs this yr. I additionally wish to acknowledge that we’ve not been as clear in our communications as we want to be. That’s one space I might positively like to enhance on,” he stated within the memo.

The adjustments are a part of a broader overhaul at Meta this yr as the corporate ramps up its funding in AI with the goal of placing AI brokers entrance and heart in each its product choices and its strategy to inside initiatives.

In whole, the layoffs and transfers introduced this week have an effect on about 20% of the corporate’s workforce. Among the adjustments have already taken place, whereas in others workers will probably be notified on Wednesday.

See also  Ferrari wanted to compete with China's EVs with Luce, but then the backlash started

Reuters beforehand reported that Meta was planning additional deep cuts for the second half of this yr.

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