Reported about 1 month ago
Meta is reportedly laying off employees from Instagram, WhatsApp, and Reality Labs as part of a strategic restructuring. Although the specifics of the job cuts remain unclear, a spokesperson stated the changes are aligned with long-term goals. Additionally, about two dozen staff were dismissed in Los Angeles for misusing meal credits. Since November 2022, Meta has cut approximately 21,000 jobs to reduce costs while recently seeing a spike in stock prices and strong expected revenue.
Source: YAHOO