The third round of job cuts start at Facebook parent Meta: Teams impacted and likely numbers

Facebook parent Meta Platforms has reportedly started carrying the third round of layoffs. Some employees took to platforms such as LinkedIn to announce that they have been laid off. The latest round of job cuts are part of the layoff plan announced by Meta CEO Mark Zuckerberg in March this year. Zuckerberg had then said that the company plans to eliminate 10,000 roles. The downsizing is part of Meta’s “year of efficiency,” a term CEO Zuckerberg used to describe the “phase of change”.

Employees informed at town hall
According to a report in Vox, Meta president of global affairs Nick Clegg told employees during a company-wide town hall that a “third wave is going to happen next week.”