Meta Platforms, the company that owns Facebook, WhatsApp and Instagram, which at the end of 2022 announced a cut of 11,000 jobs, would be planning a new round of layoffs that would affect thousands of workers and could take place this week, according to Bloomberg reports.

According to unidentified knowledgeable sources, this new round of cuts would be driven by financial goals, after a slowdown in advertising revenue for the company, which reportedly asked executives and vice presidents for lists of employees who can be laid off.

In this sense, one of the sources indicated that those in charge of the plan hope to have it ready before Mark Zuckerberg takes paternity leave for his third child, which may be imminent.

In mid-February, the ‘Financial Times’ newspaper anticipated that Meta would be preparing a new round of job cuts in March.

At the beginning of February, Meta reported that it obtained a net profit of 23,200 million dollars (21,725 ​​million euros) in 2022, which represented a drop of 41% compared to the result recorded a year earlier, while its annual income added a total of 116,609 million dollars (109,197 million euros), 1.1% less than in 2021, which represents the first annual drop in the company’s turnover.

Looking ahead to 2023, Meta’s chief financial officer, Susan Li, expressed confidence that first-quarter total revenue will be between $26 billion and $28.5 billion, while she estimates that total expenses for the full year will be in the range of between 89,000 and 95,000 million dollars (81,609 and 87,110 million euros), compared to the previous perspective of between 94,000 and 100,000 million dollars (86,194 and 91,695 million euros).