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Meta Is Laying Off Employees After 2023's 'Year of Efficiency'

Thursday October 17, 2024. 01:03 AM , from Slashdot
According to The Verge, Meta has 'begun laying off employees across various departments, including WhatsApp, Instagram, and Reality Labs.' From the report: Rather than a mass, companywide layoff, these smaller cuts seem to coincide with reorganizations of specific teams. Some Meta employees have started posting that they've been laid off. Among them is Jane Manchun Wong, who gained notoriety for reporting on unannounced features coming to apps before joining the Threads team in 2023. Meta laid off 11,000 employees in 2022 and then cut 10,000 more people as part of CEO Mark Zuckerberg's 'year of efficiency' in 2023.

Further reading: Tech Layoffs Highest Since Dot-Com Crash

Read more of this story at Slashdot.
https://tech.slashdot.org/story/24/10/16/231203/meta-is-laying-off-employees-after-2023s-year-of-eff...

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