Meta Platforms reportedly ready to cut thousands more jobs as soon as this week
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Meta Platforms (NASDAQ:META) is reportedly set to cut thousands more jobs as part of a newly planned round of layoffs.
After laying off about 11,000 workers in November - about 13% of its workforce - reports last month had the company weighing another substantial round of job reductions.

Now the tech giant will cut loose thousands of employees more as soon as this week, Bloomberg reported Monday night.
The new cuts are tied to financial targets, and are separate from the "flattening" that drove the February report, according to the Bloomberg report.
The company has reportedly asked directors and VPs for lists of employees that could be cut, and is trying to have the plan fully ready before CEO Mark Zuckerberg goes on parental leave for his third child - a development that could be imminent.