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Meta reportedly planning to slash 10% of workforce, affecting 8,000 employees

Source: TechCrunchยทApril 23rd, 2026 6:08 PM
๐Ÿค– The gist

Meta is reportedly preparing to trim its headcount by a significant 10%, which translates to roughly 8,000 jobs. This potential move signals continued volatility within the tech sector as giants struggle to balance growth with rising costs. While the report highlights the scale of the layoffs, the exact timeline and specific departments affected remain unconfirmed. Investors may see this as a pivot toward efficiency, though the human cost is substantial.

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