In accordance with the report, the primary wave of the brand new cuts could be introduced subsequent week.
San Francisco:
Fb-parent Meta Platforms is planning extra layoffs to be introduced in a number of rounds over the subsequent few months, which might match the 13% job minimize tally from final yr, the Wall Avenue Journal reported on Friday citing folks acquainted with the matter.
Meta let go of 11,000 workers 4 months in the past and could be the primary Huge Tech firm to announce a second spherical of mass layoffs.
The primary wave of the brand new cuts could be introduced subsequent week and are prone to hit non-engineering roles the toughest, based on the report.
The corporate can also be anticipated to close down some tasks and groups along side these cuts, the report added.
Meta didn’t instantly reply to a Reuters request for remark.
(Apart from the headline, this story has not been edited by NDTV employees and is printed from a syndicated feed.)
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