WSJ News Exclusive | Facebook Parent Plans New Job Cuts That Could Match Last Year’s Tally

Breaking: 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 of 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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