Meta, the owner of Facebook, begins the last round of layoffs


Facebook owner Meta has announced the start of a final round of layoffs due to restructuring. A statement from the company’s executive team made clear that the move was necessary to “ensure the long-term success and sustainability” of Meta. The company did not disclose how many jobs will be affected, but it said that the layoffs would affect both salaried and contractor roles. Meta stated that it would provide ongoing assistance for displaced employees, including transition plans for those laid off.