Meta HR memo to staff: We will layoff 8,000 employees on May 20, but the reason the company is telling you now is as …

Meta is laying off 10% of its workforce. As reported earlier this month by news agency Reuters, the Mark Zuckerberg headed company plans to reduce its workforce by 10%, or roughly 8,000 employees, in May. The company announced the layoffs in a memo written by chief people officer Janelle Gale to employees saying that the layoffs will come on May 20. And the reason Gale said that the company was announcing the layoffs early is because the details of the plan had already leaked. Earlier this month, Reuters reported that the Facebook and Instagram owner will lay off about 10% of its global workforce, or close to 8,000 employees. While Gale’s memo mentions that the company plans to lay off 10%, the leaked report said that 10% is in the initial round and that more rounds may follow.