(Reuters) – Facebook-owned Meta Platforms plans to announce several rounds of additional layoffs over the next few months, which could match a 13% job cut over the past year, the Wall Street Journal reported on Friday, citing people acquaintances from work.
Meta laid off 11,000 employees four months ago, becoming the first major tech company to announce a second round of layoffs.
According to the report, the first wave of new cuts will be announced next week and are likely to affect non-engineering roles the most.
The company is also expected to close some projects and teams due to these cuts, the report added.
Meta did not immediately respond to Reuters’ request for comment.
(Reporting by Ananya Mariam Rajesh in Bangalore; Editing by Krishna Chandra Elluri)
