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      Meta to Initiate Layoffs of 8,000 Employees on May 20

      Meta has announced plans to lay off 8,000 employees as part of its first wave of job cuts, scheduled for May 20. This decision is part of a broader strategy to streamline operations amid ongoing challenges in the tech industry.

      Further layoffs are anticipated later in the year, indicating that the company is taking significant steps to adjust its workforce in response to current market conditions.

      © 2026 KLEA News. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

      Source: KLEA News

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