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The Meta CEO announced the arrival of their third child with a social media post.
The subscription bundle for Instagram and Facebook, to be launched later this week, also includes extra protection against impersonation.
The mass layoffs, the first in Meta's 18-year history, follow thousands of job cuts at other major tech companies including Elon Musk-owned Twitter and Microsoft Corp.
Users will be able to create a call link from the call section and share it with their family and friends. Roll-out will begin this week.
The new features allow WhatsApp users to exit group chats without notifying everyone, control who can see when you're online, and prevent screenshots on view once messages.
The announcement initially sent the social media firm's shares down 4%, but the stock was nearly flat in after hours trade.
The Spaniard will replace Sheryl Sandberg, who announced on Wednesday she was stepping down from Meta.
Meta confessed that it is working at a disadvantage because of Apple's changes that require its apps to ask users for permission to track their activity and share it with other apps or websites.
While keeping its social media services like 'Facebook' , 'Insta' and 'Whatsapp' intact, the company plans to take a plunge into the the next possible big thing- 'metaverse'.
The announcement comes amid an existential crisis for Facebook. It faces heightened legislative and regulatory scrutiny in many parts of the world following revelations in the Facebook Papers.