Meta Platforms Inc. to Announce Companywide Job Cuts

Meta Platforms Inc. has informed its staff through an internal communication that it plans to announce companywide job cuts this Monday. The Information reported this development after obtaining the company's internal post.

Details on Severance Packages

Employees who will be affected by the layoffs will receive email notifications regarding their severance packages. This move comes after the American tech giant indicated in January that the layoffs would target employees identified as low-performing, potentially affecting around 3,600 individuals currently employed by the company.

No Further Internal Communications Planned

According to The Information, Meta does not intend to send additional internal communications following the official announcement of the layoffs. This decision underscores the company's approach to handling the sensitive matter of job cuts within its workforce.