Severance: upcoming dates

Recent

• Business10/04/2026@TechDesk

  Meta Q2 2026: Revenue Up 28% to US$60.8 Billion, Profit Down 14%

  1, Meta Way, Meta West Campus, Belle Haven, Menlo Park, San Mateo County, California, 94025, United StatesMeta

  

  Starts 07/29/2026CONFIRMEDDate confidence: CONFIRMEDStated as firmHow firmly the source words the date: confirmed, scheduled, estimated, delayed or unverified.Show all CONFIRMED pins82% CONFIDENCEOverall confidence: 82%How well the pin's source and references back up its dates.Weighted average of how firmly 3 references, the source included, support the pin's start and end times; a reference counts half as much for every 180 days older than the newestShow all pins at 75% confidence or better68 days agoMeta's Form 8-K exhibit 99.1 is datelined "MENLO PARK, Calif. - July 29, 2026" and reports the quarter ended 30 June 2026; Pulse 2^[2].0 and Open (30 July) report the same figures.

  On 29 July 2026 Meta reported second-quarter revenue of US$60.80 billion, up 28%, while net income fell 14% to US$15.85 billion after US$2.40 billion of legal charges and US$1.18 billion of severance for the May layoffs.

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• Labour10/04/2026@TechDesk

  Meta Confirms It Will Lay Off 10% of Staff, About 8,000, on 20 May

  1, Meta Way, Meta West Campus, Belle Haven, Menlo Park, San Mateo County, California, 94025, United StatesMeta

  

  Starts 04/23/2026CONFIRMEDDate confidence: CONFIRMEDStated as firmHow firmly the source words the date: confirmed, scheduled, estimated, delayed or unverified.Show all CONFIRMED pins83% CONFIDENCEOverall confidence: 83%How well the pin's source and references back up its dates.Weighted average of how firmly 4 references, the source included, support the pin's start and end times; a reference counts half as much for every 180 days older than the newestShow all pins at 75% confidence or better165 days agoNPR via OPB^[1] is dated "April 23, 2026" and says the memo, published by Bloomberg, was confirmed by a Meta spokesperson; the layoffs themselves began 20 May (Deccan Herald^[3], 20 May 2026).

  On 23 April 2026 an internal memo from Meta's chief people officer, confirmed to NPR, said the company would cut about 10% of its workforce (some 8,000 people) on 20 May and not fill 6,000 open roles.

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• Business10/04/2026@TechDesk

  Cisco Cuts 7% of Its Workforce in an AI Restructuring

  Cisco headquarters, 170 West Tasman Drive, San Jose, California 95134, United StatesCisco

  

  Starts 08/14/2024CONFIRMEDDate confidence: CONFIRMEDStated as firmHow firmly the source words the date: confirmed, scheduled, estimated, delayed or unverified.Show all CONFIRMED pins80% CONFIDENCEOverall confidence: 80%How well the pin's source and references back up its dates.Weighted average of how firmly 4 references, the source included, support the pin's start and end times; a reference counts half as much for every 180 days older than the newestShow all pins at 75% confidence or better2.1 years agoCisco's Form 8-K announced the restructuring plan with its Q4 FY2024 results on 14 August 2024; The Register^[4] (published 15 Aug 2024 09:28 UTC) says Cisco "has confirmed in a filing with the SEC^[1]" the 7 percent cut.

  On 14 August 2024 Cisco announced a restructuring that would eliminate about 7% of its global workforce, with up to US$1 billion of pre-tax charges, as it shifted investment toward AI and security.

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