Meta told its North America-based employees to work from home Wednesday as it geared up for a second round of layoffs that will immediately cut 4,000 jobs — part of a plan to eventually cull 10,000 jobs.
Facebook’s parent company told managers that announcements on the layoffs — part of CEO Mark Zuckerberg’s plan to make the platform more efficient — would be made as soon as Wednesday, according to Bloomberg.
The cuts will affect Facebook, as well as Instagram, WhatsApp, and the Reality Labs virtual reality division, according to the report.