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The
new round of job cuts is being driven by financial targets and
is separate from the "flattening," the report said, citing
people familiar with the matter.
Meta declined to comment on the Bloomberg report when contacted
by Reuters.
Last month, the Washington Post newspaper had reported that Meta
was planning to cut jobs in a reorganization and downsizing
effort.
Meta, at that time, declined to comment, but spokesperson Andy
Stone in a series of tweets cited several previous statements by
Chief Executive Officer Mark Zuckerberg suggesting that more
cuts were on the way.
Meta's mass layoffs in November that cut more than 11,000 jobs
was among the biggest last year and the first in the company's
history. Other tech companies, including Google-parent Alphabet
Inc and Microsoft Corp, have also cut thousands of jobs.
(Reporting by Maria Ponnezhath in Bengaluru; Editing by Rashmi
Aich and Subhranshu Sahu)
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