India, April 24 -- Meta plans to lay off 10% of its workforce, about 8,000 employees, next month, on May 20. According to an internal memo, the company told employees that those affected would receive the termination letter on their work and personal emails.

"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. Normally, we would want to nail down more details before communicating about this broadly, but since this has leaked, I want to share what I can right now. I know this is unwelcome news and confirming this puts everyone in an uneasy state, but we feel this is the best path forward, given the circum...