In preparation for another round of layoffs, Facebook has held up finalizing budgets for multiple teams and is delaying making new hires.
Lately, employees at Meta had been uncertain about budgets and future headcount, according to two sources familiar with the situation.
When Reuters attempted to contact Meta outside of normal business hours, the company did not respond.
Meta announced earlier this month that it expects its expenses in 2023 to be between $89 billion and $95 billion, a move CEO Mark Zuckerberg has dubbed "The Year of Efficiency."
In November, WhatsApp owner Facebook Inc announced that it was cutting more than 11,000 jobs or 13% of its workforce—a move similar to announcements made by other tech companies such as Amazon.com and Microsoft Corp which have laid off thousands of workers due to the economic downturn.
