TNW News

Summary: Meta and Microsoft announced workforce reductions on the same day, April 23, affecting up to 23,000 positions combined. Meta is cutting 8,000 jobs (10% of staff) and cancelling 6,000 open roles effective May 20, while Microsoft launched its first-ever voluntary retirement programme offering buyouts to up to 8,750 US employees whose age plus years […]

Tech Insider : Business
Mark Zuckerberg sitting in suit
Meta announced it will be laying off about 10% of its staff next month.
Tech Insider : Business, Travel
Meta CEO Mark Zuckerberg
  • Meta told staff on Thursday that it planned to eliminate 10% of its workforce.
  • Inside the company, employees are bracing for weeks of limbo as they wait to find out who will be cut.
  • Meta employees responded internally with a mixture of questions, concerns, and jokes.

Welcome to "28 days of hell."

Android Central
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Tech Insider : Business, Style
David Chong (left), Alyson Isaacs (center), and Taylor LaSane (right)
David Chong (left), Alyson Isaacs (center), and Taylor LaSane (right) are among the workers leaving corporate jobs to pursue entrepreneurship.
Tech Insider : Technology, Economy, Business
Meta CEO Mark Zuckerberg
Meta CEO Mark Zuckerberg.
TNW News

Summary: Meta is cutting approximately 8,000 employees (10% of its workforce) beginning 20 May, cancelling 6,000 open roles, and planning additional cuts for H2 2026. The layoffs, announced via an internal memo from HR head Janelle Gale, are structural rather than performance-based, reorganising teams into AI-focused “pods” while Meta spends $115-135 billion on AI infrastructure […]

Tech Insider : Business
Instagram Instants app
Instagram is rolling out a new app called Instants.
Tech Insider : Business
Mark Zuckerberg wears a navy suit and burgundy tie walking at the US Capitol.
Mark Zuckerberg, CEO of Meta, is seen in the U.S. Capitol after a meeting in the office of Senate Majority Leader John Thune, R-S.D., on Thursday, March 26, 2026.