Meta is expected, as soon as this week, to begin a second round of job cuts in four months Meta, the parent company of Facebook, Instagram and WhatsApp, is planning a new series of layoffs affecting thousands of employees as soon as this week, Bloomberg reported on Tuesday. In November, the social networking giant announced a major cost-cutting plan that included sacking nearly 11,000 people, or some 13% of its workforce. The upcoming dismissals would be in addition to those. The staff reductions are being driven by the company’s financial targets, according to people familiar with the matter, as cited by the news
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