Meta reported to plan thousands more job cuts

Metta employees could face yet another round of layoffs. Bloomberg says the social media giant will cut thousands of jobs as soon as this week. He comes just months after the Facebook owner laid off 11,000 people. The report said the new job cuts were driven by financial targets and separate to last year's layoffs. Metta declined to comment when contacted by Reuters. Last month, The Washington Post reported Metta planned to cut thousands in a reorganization Metta employees could face yet another round of layoffs. Bloomberg says the social media giant will cut thousands of jobs as soon as this week.

He comes just months after the Facebook owner laid off 11,000 people. The report said the new job cuts were driven by financial targets and separate to last year's layoffs. Metta declined to comment when contacted by Reuters. Last month, The Washington Post reported Metta planned to cut thousands in a reorganization and downsizing effort. Metta did not comment on that at the time. But a spokesperson tweeted previous statements by CEO Mark Zuckerberg that more cuts were coming. Metta's mass layoff in November was among the largest of the whole year and the first in company history.

It wasn't alone in the tech industry to make wide-scale firings. Microsoft, GooglePair and Alphabet and Twitter also cut thousands of jobs. and downsizing effort. Metta did not comment on that at the time. But a spokesperson tweeted previous statements by CEO Mark Zuckerberg that more cuts were coming. Metta's mass layoff in November was among the largest of the whole year and the first in company history. It wasn't alone in the tech industry to make wide-scale firings.

Microsoft, GooglePair and Alphabet and Twitter also cut thousands of jobs.

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