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Story summary
- Meta Platforms, Inc. will lay off approximately 8,000 employees (about 10% of its global workforce) starting May 20, 2026.
- The company posted $201 billion in revenue and $60 billion in profit for 2025, underscoring the scale of the restructuring toward artificial intelligence development.
- Affected areas include Reality Labs, recruiting, and sales, with total cuts potentially reaching 20% by year end, marking Meta's largest reduction since 2022.
