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Facebook parent Meta is preparing large-scale layoffs this week - WSJ

Source: Reuters

Nov 6 (Reuters) - Meta Platforms Inc (META.O) is planning to begin large-scale layoffs this week that will affect thousands of employees, the Wall Street Journal reported on Sunday citing people familiar with the matter, with an announcement planned as early as Wednesday.Meta declined to comment on the WSJ report.Facebook parent Meta in October forecasted a weak holiday quarter and significantly more costs next…