✕
  • HOME
  • INDIA AT 2047
  • INDIA
  • WORLD
  • OPERATION SINDOOR
  • SPORTS
  • MOVIES
  • LIFESTYLE
  • TECHNOLOGY
  • SCIENCE
  • HEALTH
  • CRYPTO
  • MUTUAL FUNDS
  • PERSONAL FINANCE
  • OPINION
  • GAIL
  • IDEAS OF INDIA
  • UNCUT
  • WEB STORIES
  • EDUCATION
  • CRYPTO
  • BRAND WIRE
  • PODCAST
  • PHOTOS
  • GADGETS
  • WORLD
  • ELECTIONS
  • GAMING
  • AUTO
  • PIN CODE FINDER
  • LATEST MOBILE PHONES
  • IFSC CODE FINDER
  • CONTACT US
  • UTILITY

BREAKING: Meta Cuts 8,000 Jobs and Freezes 6,000 New Hires in Major Workforce Shake-Up

ABP News Bureau  |  21 May 2026 12:07 PM (IST)
ABP News

Meta has reportedly announced a massive workforce reduction, laying off nearly 8,000 employees while also cancelling plans to hire around 6,000 additional workers. The move marks one of the company’s biggest restructuring efforts in recent years and reflects growing pressure on global technology firms to reduce costs and improve operational efficiency. The layoffs reportedly account for nearly 10 percent of Meta’s workforce, signaling a major shift in the company’s business priorities. The decision comes amid continued economic uncertainty, rising operational expenses, and increased competition in the global technology and artificial intelligence sectors. The hiring freeze and cancellation of planned recruitment suggest that Meta is now focusing more aggressively on restructuring and streamlining operations. The company, led by founder and CEO Mark Zuckerberg, has previously emphasized long-term investments in artificial intelligence, virtual reality, and digital infrastructure. However, large-scale spending in these areas has also raised investor concerns about profitability and sustainability, prompting the company to adopt stricter cost-cutting measures. Employees affected by the layoffs are reportedly spread across multiple departments, although detailed information regarding specific teams or regions has not yet been officially disclosed. The move has also sparked concerns across the broader technology industry, where several major firms have recently announced hiring slowdowns, restructuring plans, and workforce reductions. Meta’s latest decision highlights the ongoing volatility within the global tech sector, where companies are balancing innovation and expansion against economic pressure and investor expectations. Industry experts believe the layoffs may influence hiring trends across Silicon Valley and the broader digital economy in the coming months.

  • Home
  • Videos
  • India
  • BREAKING: Meta Cuts 8,000 Jobs and Freezes 6,000 New Hires in Major Workforce Shake-Up

TRENDING VIDEOS

Breaking News : Lucknow में अरशद नाम के युवक ने अपनी मां समेत 4 बहनों की हत्या की1 Year ago

Sambhal News : जुमे की नमाज से पहले छावनी बना संभल...चप्पे-चप्पे पर नजर | Breaking News1 Year ago

Badrinath Dham Kapaat: आज से खुले बद्रीनाथ धाम के कपाट, दर्शन के लिए उमड़े श्रद्धालु | Uttarakhand2 Year ago

UP Politics: लोकसभा चुनाव में सपा-कांग्रेस का यूपी में क्या होगा, मंत्री Narendra Kashyap ने बताया2 Year ago

About us | Advertisement| Privacy policy
© Copyright@2026.ABP Network Private Limited. All rights reserved.