More bad news for employees as Meta plans to cut 'thousands' of jobs

Meta, the parent company of Facebook and Instagram, is planning a fresh round of layoffs coming as soon as this week, letting go of 'thousands' of employees. The layoffs are motivated by financial objectives and are distinct from the "flattening" process. Sources reveal that the company had directed its directors and VPs to identify employees who could be let go. The process may be concluded within a week.

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