Facebook-parent Meta plans new job cuts that could match last year’s tally

The first wave of the new cuts would be announced next week and are likely to hit non-engineering roles the hardest, according to a report. Meta is also expected to shut down some projects and teams in conjunction with these cuts, the report added. The company let go of 11,000 employees four months ago and would be the first Big Tech company to announce a second round of mass layoffs.

Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News