Meta, described by some as an extremist entity and banned in Russia, is preparing to lay off thousands of workers this week. This development comes from Bloomberg, which cites sources familiar with the unfolding situation.
The reduction marks the second major round of job cuts at Meta within four months. In November, the company announced a plan to reduce its payroll by about 11,000 employees as part of a broader effort to cut costs and streamline operations.
Industry insiders say a new phase of outages or workforce reductions could begin in the near term. Senior leadership at Meta has already sent communication to senior executives and vice presidents requesting lists of employees who might be let go, a move that signals urgency within the organization. The timing of the layoffs reportedly coincides with Mark Zuckerberg being advised to take parental leave, according to people briefed on the matter.
Bloomberg notes that the November reductions surprised many observers, yet expectations for another round of cuts have grown louder. This outlook is tied to Zuckerberg’s characterization of 2023 as a year focused on improving productivity across Meta’s product lines and platforms.
In related coverage, former reports on Mark Zuckerberg’s stance include notes that accounts on Meta’s social networks have been subjected to verification changes and policy updates. The situation continues to evolve as the company navigates market pressures, regulatory scrutiny, and the ongoing adjustment of its organizational structure.
As the story develops, analysts and industry watchers will be assessing the potential impact on Meta’s product roadmap, user experience, and the broader tech job market in North America. The company faces a delicate balance between cost optimization and maintaining momentum across its advertising and metaverse initiatives, all while a highly dynamic technology landscape persists.