The owner of Facebook, WhatsApp and Instagram, is reportedly planning a fresh round of layoffs and will cut thousands of employees as soon as this week, according to Bloomberg. The world’s largest social networking firm is eliminating more jobs, on top of a 13% reduction in November, in a bid to become a more efficient organisation. In its earlier round of cuts, Meta slashed 11,000 workers in what was its first-ever major layoff. Insiders say that employees are experiencing heightened anxiety and low morale lately with some worried about whether they will receive their bonuses, due to be paid later this month, if they lose their jobs beforehand.