Meta, which owns Facebook, Instagram and WhatsApp

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Meta will also cut costs elsewhere

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US employees will receive 16 weeks of pay plus one week of redundancy payments for working each year

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Meta employed more than 5,000 people in the UK by December 2021

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Meta has so far declined to disclose how many redundancies it will make in any country

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There will be a separate redundancy process to take into account local employment laws

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Meta to cut 11,000 Jobs; Mark Zuckerberg says ‘I got this wrong’

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The plans for job cuts follow difficulties across the tech sector

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A large portion of Meta's $27.7bn (£24.3bn) revenue comes from advertising

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