Meta Cuts 8,000 Jobs Effective May 20 — Recruiting and HR Absorb 35-40% Workforce Reductions

The Next Web·high signal

Meta confirmed 8,000 layoffs (10% of workforce) effective May 20, with recruiting and HR departments absorbing 35-40% cuts — the highest concentration in any function. More layoffs are planned for H2 2026. This is direct evidence that HR SaaS tools (Greenhouse, Lever, Workday HCM) face a shrinking addressable market as AI automates screening, scheduling, and people analytics at the companies that buy those tools.