Meta to fire thousands in a new round of layoffs this week

Facebook and Instagram parent company Meta is expected to go on another round of mass layoffs on Wednesday.

Reports have it that this layoff could be in the range of 4,000 jobs.

In March, the company said 10,000 jobs would be cut in the coming months.

Meta had cut 11,000 jobs in November.

CEO Mark Zuckerberg had previously said April cuts would affect roles in tech departments, while another round of layoffs planned for May will hit the business side.

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