Meta plans another round of layoffs, which could affect thousands of workers. The layoffs could start this week and represent an additional round of layoffs, adding to the 13% of Meta workers who were laid off as part of a major cost-cutting plan announced in November. Meta CEO Mark Zuckerberg has previously indicated that the social networking giant would be concentrating this year on efforts intended to lower the company’s costs, pitching 2023 as the “Year of Efficiency.”

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