Facebook-parent Meta is said to be planning the first significant layoffs in its history as the company grapples with a shrinking business and fears of a looming recession. CEO Mark Zuckerberg is seen here on Capitol Hill in April of 2018.
Mandatory Credit: Brendan Smialowski/AFP/Getty Images
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Wall Street Journal: Meta is planning significant layoffs
Facebook-parent Meta is planning the first significant layoffs in its history as the company grapples with a shrinking business and fears of a looming recession, according to the Wall Street Journal.
