Meta Platforms is preparing for a significant workforce reduction, with over 3,000 employees expected to lose their jobs starting Monday. This announcement follows a leaked memo indicating that the company will lay off 5% of its global workforce, targeting the lowest performers. As part of its restructuring efforts, Meta is also shifting resources towards hiring machine learning engineers, indicating a strategic pivot amid ongoing challenges. Employees at the tech giant are reportedly anxious about the impending layoffs, which may involve immediate termination notices via email. The layoffs are set to commence on February 10, with a comprehensive plan detailed in internal communications.