Meta likely to layoff more workers in the coming week

The world’s largest social networking company is eliminating more jobs, on top of a 13% reduction in November.

Mark Zuckerberg-owned company is planning to lay off more employees in the coming week.

Meta had previously laid off close to 12,000 employees.

The upcoming round of layoffs may be completed within the next week.

The company has also been working to flatten its organization, giving buyout packages to managers and cutting whole teams.