Meta, the social media giant, is preparing to implement a decision to reduce its workforce next week. It is expected that the company will lay off 3,600 employees.

Meta, the parent company of Facebook, Instagram, and WhatsApp, is preparing to implement a layoff decision. According to The Information, the company will part ways with 5% of its workforce on Monday. It is anticipated that 3,600 employees will be affected by the layoff decision previously announced by Meta. The company sent a message to employees on Friday regarding the layoffs.

The message stated that employees who are laid off will have their internal system access cut off within an hour and will be informed about their severance pay via email. This year, major companies in Silicon Valley like Amazon, Microsoft, and Salesforce are expected to downsize their workforce. The timing of the layoffs coincides with an increase in spending on artificial intelligence, which is noteworthy.