Facebook parent Meta weighing thousands more in job cuts - report (updated)
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Facebook parent Meta Platforms (NASDAQ:META) is reportedly readying a new round of job cuts that could reach to the thousands, despite CEO Mark Zuckerberg's holiday-season assurance that he didn't anticipate more layoffs.
But the company is deputizing its human resources personnel, lawyers, financiers and top executives to create a plan that will largely flatten company structure and create less distance between Zuckerberg and the interns, The Washington Post reported.

That may result in thousands more cuts, and some by attrition: Some expect those whose jobs are converted to eventually quit voluntarily, according to the report.
Flattening structure will mean an emphasis on managers, pushing some into lower-level roles, while some may take on bigger teams. But the company is also considering more traditional cuts as well.
Meta had laid off about 11,000 in November (about 13% of the workforce).
Zuckerberg had signaled last summer that pressure would increase on workers even if they were retained.
And this month reportedly brought harsher performance reviews that signaled more cuts and attrition.

Updated: Meta's communications chief Andy Stone says the report "got this one wrong," apparently taking issue with the characterization that more layoffs wouldn't be coming. "How do you run a story with a headline/storyline that is contradicted by the reporting in the very same story - as well as previous reporting?" Stone tweeted. He pointed to previous quotes from Zuckerberg saying of the November cuts "this was the beginning of our focus on efficiency and not the end."