The Wall Street JournalThe Wall Street Journal

Facebook parent Meta is preparing to notify employees of large-scale layoffs this week

By Jeff Horwitz and Salvador Rodriguez

06 Nov 2022 · 3 min read

Just days after Twitter cut almost half of their workforce, Meta are following suit. Wall Street Journal report Meta Platform's will begin "large-scale layoffs this week".

Curated by informed

Meta Platforms Inc. is planning to begin large-scale layoffs this week, according to people familiar with the matter, in what could be the largest round in a recent spate of tech job cuts after the industry’s rapid growth during the pandemic.

The layoffs are expected to affect many 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.

The news, curated.

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