I survived two rounds of layoffs in 2008/2009 and they went as you describe. The first round had significantly better benefits. Which, ironically, ended up goin

I survived two rounds of layoffs in 2008/2009 and they went as you describe. The first round had significantly better benefits. Which, ironically, ended up going to the worst performers. That said, the company where I experienced the layoffs was losing money and the first layoff was 2-3% of the workforce. Meta is still quite profitable and they are axing well over 10% of their employees. I would think another big round of layoffs is unlikely unless Meta has a bunch of debt coming due or the macro conditions REALLY go in the crapper (and there sure are a lot of doomsayers out there).