Meta is preparing to cut thousands of jobs as early as next month, with deeper layoffs expected later this year, according to a report.The tech giant intends to slash roughly 10% of its global workforce — or nearly 8,000 employees — in an initial round of cuts on May 20, sources told Reuters.The company is also planning additional layoffs in the second half of the year, though details including timing and scope remain unclear, the outlet reported.The report follows earlier Reuters reporting that Meta was weighing cuts that could affect at least 20% of its workforce as it seeks to offset rising...
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