Meta to Cut About 10% of Staff, Close 6,000 Open Roles

Overview

• Meta, in a Thursday memo signed by HR chief Janelle Gale and shared after a leak, set May 20 email notices to employees selected for layoff.
• The plan removes about 8,000 jobs, roughly 10% of its 78,865 staff at year-end, and closes about 6,000 open positions.
• U.S. severance includes 16 weeks of base pay plus two weeks for each year of service and 18 months of COBRA health coverage.
• Meta said the cuts improve efficiency and help fund AI, with 2026 spending guided at $115 billion to $135 billion and an AMD chip purchase of at least $60 billion.
• The decision tracks a broader shakeout in tech as firms boost AI budgets, with Microsoft offering voluntary exits and trackers counting more than 92,000 industry layoffs this year.