Facebook parent Meta is preparing large-scale layoffs this week - WSJ


FILE PHOTO Meta logo is seen in this illustration taken August 22 2022. REUTERSDado RuvicIllustration

FILE PHOTO: Meta logo is seen in this illustration taken, August 22, 2022. REUTERS/Dado Ruvic/Illustration

(Reuters) - Meta Platforms Inc is planning to begin large-scale layoffs this week that will affect thousands of employees, the Wall Street Journal reported on Sunday citing people familiar with the matter, with an announcement planned as early as Wednesday.

Meta declined to comment on the WSJ report.

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