Meta reportedly ready to move on new round of job cuts
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Meta Platforms (NASDAQ:META) is reportedly about to execute more of its planned job cuts.
The metaverse-focused social-media company had notably moved to cut 11,000 positions in November, and said in March that it would follow up with another 10,000 cuts in coming months.

Now a round expected on Wednesday will cut loose about 4,000 jobs, Vox reported.
CEO Mark Zuckerberg had previously said that April cuts would largely land on tech jobs, while another round in May would have a greater impact on the business side of Meta.
Meta is set to report earnings in just over a week, and Seeking Alpha analyst and Investing Groups Leader Daniel Jones notes analysts currently look more bullish than management on the company's expected revenues, and that shares still look cheap.