Close Menu
The Financial News 247The Financial News 247
  • Home
  • News
  • Business
  • Finance
  • Companies
  • Investing
  • Markets
  • Lifestyle
  • Tech
  • More
    • Opinion
    • Climate
    • Web Stories
    • Spotlight
    • Press Release
What's On
Anthony Joshua Vs. Kristian Prenga Results and Highlights

Anthony Joshua Vs. Kristian Prenga Results and Highlights

July 26, 2026
21-Year Old Jackson Koivun Is The 54 Hole Leader At The 3M Open

21-Year Old Jackson Koivun Is The 54 Hole Leader At The 3M Open

July 26, 2026
Where To Get Safe Eclipse Glasses For Aug. 12’s Solar Eclipse

Where To Get Safe Eclipse Glasses For Aug. 12’s Solar Eclipse

July 26, 2026
AI-Generated Mental Health Advice Misjudged Due To Differences In Stateless Versus Contextual Evaluations

AI-Generated Mental Health Advice Misjudged Due To Differences In Stateless Versus Contextual Evaluations

July 26, 2026
Total Solar Eclipse ‘Map Of Nope’ Meme Is A Must-See Before August

Total Solar Eclipse ‘Map Of Nope’ Meme Is A Must-See Before August

July 26, 2026
Facebook X (Twitter) Instagram
The Financial News 247The Financial News 247
Demo
  • Home
  • News
  • Business
  • Finance
  • Companies
  • Investing
  • Markets
  • Lifestyle
  • Tech
  • More
    • Opinion
    • Climate
    • Web Stories
    • Spotlight
    • Press Release
The Financial News 247The Financial News 247
Home » Meta employees told to work remotely Wednesday as company prepares to slash 10% of workforce: report

Meta employees told to work remotely Wednesday as company prepares to slash 10% of workforce: report

By News RoomMay 18, 2026No Comments3 Mins Read
Facebook Twitter Pinterest LinkedIn WhatsApp Telegram Reddit Email Tumblr
Meta employees told to work remotely Wednesday as company prepares to slash 10% of workforce: report
Share
Facebook Twitter LinkedIn Pinterest Email

Mark Zuckerberg’s Meta has reportedly told its North American employees to work from home Wednesday – when it will lay off 10% of its global workforce as part of a major restructuring.

The companywide bloodbath will take place in three waves, with impacted workers learning their fate by email at 4 a.m. local time in their region, according to an internal document obtained by Reuters.

Meta’s human resources chief Janelle Gale said in the document that executives “will announce org changes” alongside the layoffs. About 7,000 employees are expected to shift to new roles at the Facebook and Instagram parent.

Mark Zuckerberg has heavily increased spending on AI.

“As org leaders worked on the changes, many of them incorporated AI native ​design principles into ​their new ⁠org structures,” Gale was quoted as saying by Reuters. “We’re now at the stage where many orgs can operate with ​a flatter structure with smaller teams of ​pods/cohorts ⁠that can move faster and with more ownership.

“We believe this will make us more productive and make ⁠the ​work more rewarding,” she added.

The company is slashing managerial roles as part of the reorganization as it relies more heavily on artificial intelligence tools to get work done.

Ahead of the layoffs, one employee told the San Francisco Standard that the worker’s office has been in “chaos” as employees fear they’ll be axed.

“I am generally dissatisfied with leadership and angry,” the unnamed employee told the publication. “This is as anxious and stressed as I have ever been at a job.”

Meta is laying off 10% of its workforce.

Meta had nearly 79,000 employees at the start of the year – meaning that the upcoming round of layoffs will rank among the largest in the social media giant’s history.

The company previously said that laid-off workers would receive severance packages including at least 16 weeks of base pay, plus another two weeks for each additional year of employment at the company. They’ll also get healthcare and career support benefits.

In a memo last month, Gale said the cuts were part of an effort to “run the company more efficiently” as the company spends heavily on AI development.

Meta has said its capital expenditures will reach as high as $145 billion in this year alone, driven in part by its buildout of new AI data centers and higher memory prices.

Meta employees will learn whether they are laid off in three waves on Wednesday.

Meta did not immediately return a request for comment.

The company is expected to conduct more layoffs in the second half of the year, though the exact timing and scope of those cuts has yet to be decided.

Zuckerberg has sought to “flatten” Meta’s management ranks in recent years. He slashed more than 20,000 jobs in 2022 and 2023 as part of what was infamously dubbed a “year of efficiency” at the company.

The layoffs come amid ongoing layoffs blamed on AI, especially in the tech sector.

The first three months of 2026 saw 52,050 tech layoffs — a 40% jump from the same period last year, according to executive coaching firm Challenger, Gray & Christmas.

In March, AI led the list of causes employers listed for tech layoffs — accounting for 15,341 of the firings, or 25% of the total. A month earlier, the figure was 10%.

Business Facebook Instagram layoffs mark zuckerberg Meta Tech
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related News

Mamdani’s municipal bond mess will only get worse as mayor prioritizes anti-Israel policies over NYC’s fiscal health

Mamdani’s municipal bond mess will only get worse as mayor prioritizes anti-Israel policies over NYC’s fiscal health

July 25, 2026
Popular cold brew recalled over concerns of dangerous toxin that could be fatal

Popular cold brew recalled over concerns of dangerous toxin that could be fatal

July 25, 2026
Walmart recalls over 16,000 dressers that violate federal safety law due to potentially deadly hazard

Walmart recalls over 16,000 dressers that violate federal safety law due to potentially deadly hazard

July 25, 2026
Conservative activist Robby Starbuck Google defamation lawsuit allowed to move forward

Conservative activist Robby Starbuck Google defamation lawsuit allowed to move forward

July 25, 2026
House of Spells brings fresh magic to the Deuce decades after NYC block’s porn-and-crime nadir

House of Spells brings fresh magic to the Deuce decades after NYC block’s porn-and-crime nadir

July 24, 2026
Where Leaders Focus 2027 Tech Budgets As Stock Sell-Off Reprices AI

Where Leaders Focus 2027 Tech Budgets As Stock Sell-Off Reprices AI

July 24, 2026
Add A Comment
Leave A Reply Cancel Reply

Don't Miss
21-Year Old Jackson Koivun Is The 54 Hole Leader At The 3M Open

21-Year Old Jackson Koivun Is The 54 Hole Leader At The 3M Open

News July 26, 2026

The golf world received a firsthand look at Jackson Koivun’s immense potential on Saturday at…

Where To Get Safe Eclipse Glasses For Aug. 12’s Solar Eclipse

Where To Get Safe Eclipse Glasses For Aug. 12’s Solar Eclipse

July 26, 2026
AI-Generated Mental Health Advice Misjudged Due To Differences In Stateless Versus Contextual Evaluations

AI-Generated Mental Health Advice Misjudged Due To Differences In Stateless Versus Contextual Evaluations

July 26, 2026
Total Solar Eclipse ‘Map Of Nope’ Meme Is A Must-See Before August

Total Solar Eclipse ‘Map Of Nope’ Meme Is A Must-See Before August

July 26, 2026
Stay In Touch
  • Facebook
  • Twitter
  • Pinterest
  • Instagram
  • YouTube
  • Vimeo
Our Picks
Study Suggests Paramount/WBD Merger Would Upend Tax Incentive Programs

Study Suggests Paramount/WBD Merger Would Upend Tax Incentive Programs

July 26, 2026
Spring Delay Boosts Autumn iPhone 18 Pro Sales

Spring Delay Boosts Autumn iPhone 18 Pro Sales

July 26, 2026
Errol Spence Retires After Loss To Tim Tszyu on Sunday

Errol Spence Retires After Loss To Tim Tszyu on Sunday

July 26, 2026
NYT ‘Connections’ Hints And Answers For Sunday, July 26

NYT ‘Connections’ Hints And Answers For Sunday, July 26

July 26, 2026
The Financial News 247
Facebook X (Twitter) Instagram Pinterest
  • Privacy Policy
  • Terms of use
  • Advertise
  • Contact us
© 2026 The Financial 247. All Rights Reserved.

Type above and press Enter to search. Press Esc to cancel.