Meta says it will lay off 10% of its workforce starting in May [Yahoo! Finance]
Meta Platforms, Inc. - Class A (META)
Company Research
Source: Yahoo! Finance
“Over the last few weeks we have been working on some changes to our organization that will result in us laying off around 10% of the company on May 20, and closing about 6,000 open roles,” a memo to employees said, according to Business Insider. The layoffs follow previous job reductions at the company, which is based in Menlo Park, California, CNBC reported. In the memo from chief people officer Janella Gale posted by Business Insider, the company said the layoffs are part of a “continued effort to run the company more efficiently and to allow us to offset the other investments we're making.” The memo said employees who are laid off will receive a “generous” severance package of 16 weeks pay plus two weeks for every year of employment in the U.S. The company also will cover COBRA health-care payments for 18 months. A Meta spokesperson confirmed the accuracy of the memo to NPR. The company also owns WhatsApp, Messenger and Threads. The company was founded in 2004 by Mark
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- Live Chats Are Now on Threads: Will They Drive META's User Engagement? [Yahoo! Finance]Yahoo! Finance
META
Earnings
- 1/28/26 - Beat
META
Sec Filings
- 4/22/26 - Form 4
- 4/21/26 - Form PX14A6G
- 4/20/26 - Form 144
- META's page on the SEC website