Meta plans to cut thousands of jobs as soon as this week - Bloomberg News

FILE PHOTO: The logo of Meta Platforms' business group is seen in Brussels, Belgium December 6, 2022. REUTERS/Yves Herman/File Photo

(Reuters) - Meta Platforms Inc will cut thousands of jobs as soon as this week in a fresh round of layoffs, Bloomberg News reported on Monday, only a few months after the Facebook-parent reduced more than 11,000 people from its workforce.

The new round of job cuts is being driven by financial targets and is separate from the "flattening," the report said, citing people familiar with the matter.