Although Facebook, WhatsApp, and Instagram (including its sibling Threads) are still widely used, Meta is still continuing with layoffs. This situation began in 2022, when at least 11,000 employees were let go. The reasoning back then was due to growth being much lower than anticipated as the pandemic came to an end. Mark Zuckerberg described 2023 as a "year of efficiency," and it concluded with another 10,000 job cuts. Recently, sources close to the situation disclosed that Meta is letting go of even more staff, although the exact number remains undisclosed.
Changes in the Company
Meta's spokesperson, Dave Arnold, spoke with The Verge yesterday. He stated, "Today, a few teams at Meta are making changes to ensure resources are aligned with their long-term strategic goals and location strategy." He went on to mention that this new round of changes also involves relocating certain teams and adjusting the roles of some employees in addition to job reductions.
Departments Affected
While Arnold didn’t specify which departments are affected, earlier insiders indicated that WhatsApp, Instagram, and Reality Labs are likely being impacted. Jane Manchun Wong, who joined the Threads team last year and gained fame for reporting on undisclosed features in apps, was one of those who shared this news on her social media platforms.
Recommended Read
Even though Mark Zuckerberg's biography by Daniel Ichbiah was released in June 2022 and doesn't cover the last couple of years, it could still be an intriguing read for those interested in Meta and its leader. This 300-page book is available exclusively in Kindle format for $6.