. The Wall Street Journal reported on Sunday that the company was planning to enact cuts on Wednesday.
Overall, the reduction in headcount across the company, which last year renamed itself Meta, is expected to be around 10%, as Insider previously reported. Although that number could be higher for certain divisions. Employees are expected to find out by email first thing Wednesday morning if they are among those being laid off, according to a person familiar with the plans and a post to an employee-only group on Fishbowl, a work-focused platform similar to Blind.
The Facebook app, still the company's largest user base and driver of revenue, is expected to be reorganized, and the business functions division, which includes marketing, partnerships and HR,"will be harder hit than others," according to the Fishbowl post. "In some cases even entire departments will be deprioritized," the post added.
Engineering, which includes the bulk of the company's now more than 83,000 employees and the main source of dramatic headcount growth over the last two years, is expected to be particularly impacted, both of the people familiar said. They asked not to be identified discussing internal company matters. A company spokesperson did not respond to a request for comment.
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