Meta Platforms Inc. is planning a fresh round of layoffs as soon as this week.

This phase of layoffs could be finalized in the next week, according to the people. 

Those working on the plan are hoping to have it ready before Chief Executive Officer Mark Zuckerberg goes on parental leave.

The world’s largest social networking company is eliminating more jobs, on top of a 13% reduction in November.

The November cuts were a surprise, but another round of firings has been widely anticipated by the Meta workforce.