<ul><li>Meta Platforms Inc is reportedly planning to cut thousands more jobs in a fresh round of layoffs, in addition to the 13% reduction it made in November 2022.</li><li>The company is aiming to become a more efficient organization by eliminating more jobs and flattening its organization, which could affect thousands of staffers.</li><li>The imminent round of cuts is being driven by financial targets and is separate from the company's "flattening" efforts, according to sources familiar with the matter.</li></ul>

Meta to cut 1,000 additional jobs this week: Report

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