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749 Big Tech's New Layoffs Phase is Underway

The Information
Martin Peers @ The Information · 04/23/2026 20:00 EDT

Big Tech's New Layoffs Phase is Underway

We’re in a tech layoff era again—although a more accurate term may be an “employee replacement” phase. Meta Platforms told staff on Thursday it plans to lay off 10% of its staff, or about 8,000 people, next month. (The next few weeks won’t be fun at Meta!) The latest layoffs follow Meta’s cuts of about 2,000 people earlier this year and a spate of such cuts elsewhere at Snap, Amazon and Microsoft.   Most companies herald these moves as a sign of cost discipline—something Wall Street wants to hear—but if his

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