Meta made significant changes by laying off employees from their core units such as Instagram, WhatsApp and Reality Labs.
The move is part of a larger plan to reshape the company and focus on long-term goals.
Meta is working on moving some people into new roles or teams.
However, for those whose jobs were eliminated, the company is trying to help them find other opportunities in Meta.
The number of layoffs has not been disclosed, but it is only part of a major cost-cutting plan.
Since November 2022, Meta has reduced its workforce by approximately 21,000 employees.
CEO Mark Zuckerberg called 2023 the “Year of Efficiency,” focusing on running companies in a more efficient and effective way.
Meta also reportedly fired two dozen workers in Los Angeles for using their meal allowances on personal items like wine glasses and acne pads.
Although this incident is not related to the layoffs, it shows that Meta is also tightening its internal policies.
These changes reflect a broader shift in the tech world, where companies are adapting to tougher economic times and looking for new ways to stay profitable.
