Meta could be preparing for one of biggest layoffs in its history, according to a Reuters report. The tech giant plans to cut around 20% of its workforce, according to media sources. According to the report, neither the date nor the exact number of layoffs have yet been finalized.
However, Reuters reported that Meta’s top executives have asked “other senior executives” to start “planning how to cut expenses.” In his last financial reportthe company’s headcount was 78,865 as of December 31, 2025, while revenue reached nearly $60 billion for the fourth quarter and more than $200 billion for the full year. A Meta spokesperson said Reuters that it was “speculative reporting on theoretical approaches”.
Meta is no stranger to major layoffs. Earlier this year, Meta targeted around 1,000 employees in its layoffs with the Reality Labs Division who is responsible for the company’s VR and metaverse efforts. Early last year, Meta laid off approximately five percent of its workforce, after a series of smaller layoffs the same month. Meanwhile, the company has spent a lot of money acquiring AI startups, like Shedding booka social network designed for AI agents, and Manusa startup focused on AI agents for task automation.
This article was originally published on Engadget at https://www.engadget.com/big-tech/meta-is-reportedly-planning-to-cut-up-to-20-percent-of-its-staff-in-upcoming-layoffs-160812304.html?src=rss
