Meta Ireland chief to step down as tech giant seeks more job cuts 

This round of cuts is being driven by financial targets, with the company seeing a slowdown in advertising revenue as it shifts to its virtual-reality platform

A second round of layoffs at Meta is expected to be finalised soon. In November, the company announced 350 jobs in Ireland would go as it sought to reduce its global workforce. Picture: Brian Lawless/PA

The managing director of Meta Ireland, Rick Kelley, is to step down in the coming months as the social media giant looks set to announce more layoffs.

Mr Kelley, originally from Boston, has been working with Meta — formerly Facebook — for the last 14 years and was only appointed to the position of managing director in April last year.