The parent company of Facebook, Instagram and WhatsApp, it to cut around 10,000 jobs globally - just four months after it laid off 11,000 workers.
Meta’s founder and boss, Mark Zuckerberg, yesterday told staff in a company blog the company is also looking to ditch about 5,000 open job vacancies as part of his Year Of Efficiency push to slash costs and restructure the firm.
The Silicon Valley firm will first cut the size of its recruiting team, with staff in this division expected to be told where the cuts will be made today.