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Meta to Lay Off 10 Percent of Workforce Wednesday as Employees Rush to Use Benefits

Meta will cut ~8,000 jobs (~10% of its ~80,000 staff) on Wed, May 21, 2026, sending termination notices at 4 a.m. local time in Singapore, London and San Francisco. Ahead of the cuts, employees rushed to use an annual $2,000 health-and-wellness benefit and a $200 triennial audio credit, as CEO Mark Zuckerberg said layoffs and moving 7,000 workers to AI roles will free capital for AI data centers.

WIRED
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AI

Google I/O 2026: AI Agents Come to Search, Gemini, YouTube, and Smart Glasses

Google’s May 20, 2026 I/O keynote pushed AI agents deep into Search: an “intelligent search box” rolls out immediately, using agents to answer contextually and generate images plus short video clips in results. Also released: Gemini 3.5 and Gemini 3.5 Flash (in Search and the Gemini app), Generative UI “this summer,” Daily Brief, and Ask YouTube, plus previews of Android-powered smart glasses.

WIRED
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AI

Ocean raises $28M to defend against AI-powered email phishing attacks

Ocean, an agentic email security startup, exited stealth in May 2026 with $28M total funding to tackle AI-generated phishing. The round was led by Lightspeed (with Picture Capital and Cerca), and Ocean already analyzes billions of emails monthly for Kayak, Kingston Technology, and Headspace.

TechCrunch