Facebook-parent Meta plans new round of job cuts: Report

Facebook\u002Dparent Meta Platforms is planning additional layoffs to be announced in multiple rounds over the next few months.

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Meta let go of 11,000 employees four months ago and would be the first Big Tech company to announce a second round of mass layoffs.From our newsroom to your inbox at noon, the latest headlines, stories, opinion and photos from the Toronto Sun.By clicking on the sign up button you consent to receive the above newsletter from Postmedia Network Inc. You may unsubscribe any time by clicking on the unsubscribe link at the bottom of our emails or any newsletter. Postmedia Network Inc.

The company is also expected to shut down some projects and teams in conjunction with these cuts, the report added.This advertisement has not loaded yet, but your article continues below.Subscribe now to read the latest news in your city and across Canada.

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