Meta begins final round of layoffs, to fire 10K employees across platforms

Facebook’s parent company Meta on Wednesday started its second and final round of layoffs.

According to a report on LiveMint, Meta will be laying off employees across all its platforms- WhatsApp, Facebook, and Instagram, as part of its plan to cut 10,000 jobs. Last year, in November, Meta laid off nearly 11,000 employees.

After a period of extensive recruitment that resulted in the doubling of its workforce since 2020, Meta’s current number of employees has declined to a level, which is similar to that of mid-2021.

The employees that were affected took to LinkedIn to share the news, the report said. It further added that the layoffs in the second round are expected to cut into the ad sales, marketing, and partnerships teams.