Meta delays setting team budgets as Facebook parent plans fresh round of layoffs -FT

Meta delays setting team budgets as Facebook parent plans fresh round of layoffs -FT

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Facebook parent Meta Platforms Inc (NASDAQ: ) has delayed finalizing the budgets of multiple teams as it prepares a fresh round of job cuts, the Financial Times reported on Saturday. In recent weeks there had been a lack of clarity surrounding budgets and future head count, the FT reported, citing…

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