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Meta CEO to address staff as next round of layoffs starts, Bloomberg says

Meta Platforms, which announced earlier this week that it expects to reduce its team size by around 10,000 people and to close around 5,000 additional open roles that haven’t yet been filled, has started carrying out the cuts by letting go about 1,500 employees in recruiting and human resources, people familiar with the matter told Bloomberg’s Ed Ludlow. Meta founder and CEO Mark Zuckerberg will address staff later today, one source said.

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