Meta will conduct another mass round of layoffs on Wednesday, several sources working at the company told Vox.
In an internal memo posted to a Meta employee message board on Tuesday evening and viewed by Vox, the company told employees that the layoffs will start on Wednesday and will impact a wide range of technical teams including those working on Facebook, Instagram, Reality Labs, and WhatsApp. A Meta spokesperson confirmed the memo was sent to employees but declined to comment further. The cuts could be in the range of 4,000 jobs, one source said. However, some other sources are claiming the number can go as high as 10,000 causing panic among employees.
www.msn.com/en-us/money/other/meta-is-about-to-start-its-next-round-of-layoffs/ar-AA1a1enc