JUST IN: Meta Platforms $META is reportedly planning sweeping layoffs ​that could affect 20% or more of the company

The story is from Reuters: No date has been set for the cuts and the magnitude has not been finalized Top executives have recently signaled the plans to other senior leaders at Meta and told ​them to begin planning how to pare back "This is speculative reporting about theoretical approaches," Meta spokesperson Andy Stone ⁠said in response to questions about the plan.