Thursday newspaper round-up: Meta, Heathrow, Murdoch, BP

Meta workers are bracing for thousands of additional layoffs as the embattled social media firm continues to cut costs. A new round of layoffs began on Wednesday, according to a report from CNBC that was confirmed by Meta. The company will cull 4,000 jobs immediately as part of a larger plan to cut 10,000 jobs announced earlier this year, focusing largely on technical roles. – Guardian

Security staff at Heathrow airport are to strike on eight days next month in a dispute over pay. The action by members of the Unite union will take place on 4, 5, 6, 9, 10, 25, 26 and 27 May, and follow strikes over Easter. – Guardian

Rupert Murdoch’s bill for settling defamation lawsuits against Fox News is likely to eclipse the £1bn paid out in the wake of the phone-hacking scandal. Fox reached a dramatic 11th-hour settlement with Dominion Voting Systems on Tuesday over accusations that the news network knowingly broadcast false claims that Dominion’s technology was used to rig the 2020 election of Joe Biden. – Telegraph

A shareholder revolt to remove Helge Lund as chairman of BP was gathering momentum last night, with five of Britain’s biggest pensions schemes planning to vote against his re-election in protest at the company’s watering down of green commitments. The Universities Superannuation Scheme followed the National Employment Savings Trust in announcing plans to vote against Lund. Brunel Pension Partnership, a group of nine council schemes, also said it would vote to oust him. Two other council pension umbrella groups, LGPS Central and Border to Coast, are said to be joining them. – The Times

A leading American consultancy has offered new recruits from business schools thousands of dollars to hold off joining and kill time by becoming a yoga instructor or by heading out on safari. Bain has given sizeable financial incentives to recruits with postgraduate business degrees to push back their start dates until next April, according to The Wall Street Journal, which reported that McKinsey had also delayed new starts. – The Times