WSJ News Exclusive | Meta Plans New Layoffs That Could Match Last Year’s in Scope

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WSJ News Exclusive | Meta Plans New Layoffs That Could Match Last Year’s in Scope
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Meta is planning additional layoffs over the coming months that could roughly match last year’s 13% cut to its workforce

Facebook parent Meta Platforms Inc.

is planning additional layoffs to be announced in multiple rounds over the coming months that in total would be roughly the same magnitude asThe new cuts, the first wave of which is expected to be announced next week, are likely to hit non-engineering roles especially hard, the people said. The company is also expected to shut down some projects and teams in conjunction with these cuts.

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