According to sources, the company plans to lay off 10% of its staff.

On April 18th, it was reported that Meta plans to start the first round of large-scale layoffs of the year on May 20th, with more layoffs to follow. The first round of layoffs will reduce approximately 10% of the global workforce, which is nearly 8,000 people. Meta also plans to further layoffs in the second half of the year, but the specific details of the layoffs, including dates and scale, have not been determined. Executives may adjust the layoff plan based on the development of artificial intelligence technology.