Tensions have intensified among the members of Meta’s staff ahead of the upcoming massive layoffs slated for May 20. Prediction markets Polymarket posted the update on Thursday, claiming that the morale of Meta employees is at historic lows after the chances of more tech layoffs this year spiked by 67 percent on its platform.
Meta had started informing its staff about its lay-off plans in April. At the time, the information conveyed pointed to the company making a pivot towards leveraging AI to make internal workflows more efficient.
Ahead of the layoffs, the reviews of Meta on Blind, the anonymous professional social network, have nosedived.
“Too much churn, levels of apathy are rising with the incessant changes in vision and trend chasing,” read a review posted on May 14.
“Managment is constantly changing directions, it’s a very stressful place to be,” read another posted on May 13.
Verified professionals having worked with the company are blaming Meta management of being completely checked out at present. Warnings regarding the lack of job security and a reliable leadership at the social networking giant are circulating widely on the platform. In April, Blind had seen a 300 percent rise in negative employee sentiments among Meta staffers.
“Meta has an employee rating of 3.7 out of 5 stars, based on 11329 company reviews on Blind. They are rated the lowest on Management with 3.1 out of 5,” the summary generated by Blind noted as of press time.
A report by Wired published on Thursday said only senior level executives at Meta are not struggling under stress, citing an employee from the Instagram team.
In April, Meta reported Q1 2026 revenue of $56.31 billion clocking a 33 percent YoY increase. This profit was majorly driven by strong ad demand and engagement on Reels. The company’s metaverse-focussed Reality Labs continued to lose roughly $4 billion.
This layoff is targeted to reduce the Meta staff by 10 percent, however, a report by Reuters earlier suggested that Meta could extend its firings to reduce the headcount by 20 percent by the end of this year. Zuckerberg himself is reportedly working on creating an agentic AI co-CEO to assist him in smoothening everyday operations at the office.
Meta has not yet reacted to the staunch criticism it is now facing on social media.
AI replacing humans on professional front, which was once a fear, is now starting to take proper shape. Afterall, its not just Meta that is looking to delegate more work to AI this year.
Recently, crypto giant Coinbase laid-off 14 percent of its workforce citing a shift to more AI-centric operations and “one-person teams”. On Thursday itself, crypto data firm Dune said it would be cutting 25 percent of its team. Its CEO Fredrik Haga said Dune will be sharpening its focus “around the core data products thousands of customers across the crypto industry rely on”.
Crypto.com and Gemini are among other names from the Web3 industry that have recently let go of 14 percent and 12 percent of their employees respectively.