Another Round Of Meta Layoffs To Begin Next Week

Meta is planning to begin the new round of employee layoffs next week, announced company's executives in a Q&A with employees on Thursday, according to a report published in Vox.

Earlier, Mark Zuckerberg had declared that there would be another round of layoffs in May, the exact timing of the layoffs was not confirmed to employees until that meeting. The layoffs will impact Meta's business departments and could affect thousands of employees, reported Vox.

Meanwhile, spokesperson for Meta declined to comment on the latest development.

Vox report stated, "The third wave is going to happen next week. That affects everybody in the biz teams, including in my orgs," said Meta president of global affairs Nick Clegg during the company-wide meeting, which Vox obtained a recording of. "It's just a time of great anxiety and uncertainty. ... I wish I could have some easy way of providing solace or comfort. It is uncertain. And actually it's really increased my admiration for the way that everyone - notwithstanding that uncertainty - you're just displaying such resilience and professionalism."

As per the Vox report, Clegg added that the layoffs will follow a similar process to April's cuts, in which 4,000 roles were eliminated from Meta's tech departments. The afternoon before the layoffs happen, Meta's head of people will post a note to employees with details about when the layoff process will begin and which teams will be affected. Employees impacted by the layoffs will then be notified, followed by non-impacted employees. The company will ask all employees "whose job allows" to work from home, Clegg said.