Market
Tech Layoffs Are Surpassing 2025 Levels. The Real Reason Companies Are Slashing Headcount.
YahooApr 21, 2026
Tech companies keep announcing job cuts, and experts donβt expect that to stop anytime soon. Reuters reported on Saturday that Meta Platforms is planning to conduct an initial wave of layoffs on May 20, with more coming later this year. The report, citing sources familiar with the matter, said that Meta plans to lay off about 10% of its global workforce, or close to 8,000 employees, in that initial round.
