Mark Zuckerberg’s Meta let go of 11,000 employees four
months ago and would be the first Big Tech company to announce a second round
of mass layoffs.
The first wave of the new cuts would be announced next week
and are likely to hit non-engineering roles the hardest, according to the
report.
The company is also expected to shut down some projects and
teams in conjunction with these cuts, the report added.
Meta did not immediately respond to a Reuters request for
comment.
In other news, Meta Platforms said on Friday it is exploring
strategic alternatives for customer service company Kustomer that it acquired
in a process ending last year.
"We are currently exploring strategic alternatives for
Kustomer and will continue to support Kustomer's product and customer base
throughout this process," the Facebook owner said in an emailed statement
to Reuters, without providing additional details on the alternatives.
The Wall Street Journal, which first reported the news on
Friday, said Meta is planning to divest Kustomer as it looks to looks to
refocus on its core business, citing the company and people familiar with the
planned deal.
Kustomer sells CRM software for businesses to communicate
with consumers by phone, email, text messages, WhatsApp, Instagram and other
channels. It had seen a usage soar during the COVID-19 pandemic.
Meta has made the decision to focus on its fastest growing
business messaging offerings, including the monetization opportunity for
WhatsApp in light of the company's "efficiency efforts," the company
said. © Reuters
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