Meta job cuts could match last year’s: report

Facebook parent Meta Platforms Inc. reportedly plans to cut its staff at about the same level as last year’s layoffs, which affected 13% of the company’s...

Facebook parent Meta Platforms Inc.

reportedly plans to cut its staff at about the same level as last year’s layoffs, which affected 13% of the company’s workforce, or 11,000 employees. The Wall Street Journal reported the news Friday, citing unnamed sources who said the cuts will be made in multiple rounds over the coming months, and could have about the same impact as the cuts Chief Executive Mark Zuckerberg announced in November.

reportedly plans to cut its staff at about the same level as last year’s layoffs, which affected 13% of the company’s workforce, or 11,000 employees. The Wall Street Journal reported the news Friday, citing unnamed sources who said the cuts will be made in multiple rounds over the coming months, and could have about the same impact as the cuts Chief Executive Mark Zuckerberg announced in November.

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