WSJ News Exclusive | Facebook Parent Meta Is Preparing to Notify Employees of Large-Scale Layoffs This Week

Breaking: Facebook parent Meta plans to begin laying off thousands of employees this week, people familiar with the matter said

Meta Platforms Inc. is planning to begin large-scale layoffs this week, according to people familiar with the matter, in what could be among the largest round in amany thousands of employees

and an announcement is planned to come as soon as Wednesday, according to the people. Meta reported more than 87,000 employees at the end of September. Company officials already told employees to cancel nonessential travel beginning this week, the people said.

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