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Meta latest job cuts hit WhatsApp, Instagram, and beyond—See which teams are impacted

News • 17th Oct 2024 • 3 Min Read

Meta latest job cuts hit WhatsApp, Instagram, and beyond—See which teams are impacted

Talent Management#HRTech#Layoffs#HRCommunity

Author: Samriddhi Srivastava Samriddhi Srivastava
798 Reads
Meta spokesperson Dave Arnold confirmed the news, stating, "Today, a few teams at Meta are making changes to ensure resources are aligned with their long-term strategic goals and location strategy."

Meta, the parent company of Facebook, WhatsApp, and Instagram, has once again begun laying off employees, though this time in smaller numbers across its various platforms. 

According to an October 17 report by The Verge, the job cuts are impacting workers at WhatsApp, Instagram, and Reality Labs, Meta's division focused on virtual and augmented reality. While the exact number of affected employees was not disclosed, the report indicated that the cuts were relatively small compared to previous rounds.

Meta spokesperson Dave Arnold confirmed the news, stating, "Today, a few teams at Meta are making changes to ensure resources are aligned with their long-term strategic goals and location strategy." 

Arnold did not provide details on the number of employees being let go but mentioned that some staff are being relocated or reassigned to different roles within the company. "In situations like this when a role is eliminated, we work hard to find other opportunities for impacted employees," Arnold added.

This latest wave of layoffs follows earlier job cuts in Meta's Reality Labs division and marks a continuation of the company's broader efforts to streamline operations. The restructuring comes after Meta CEO Mark Zuckerberg declared 2023 as the "year of efficiency," aiming to make the company leaner and more agile. 

Zuckerberg first outlined his strategy during an earnings announcement in February 2023, noting that Meta might face additional restructuring charges as it worked to reduce costs and boost efficiency. He also stated that part of the strategy included cutting layers of middle management to create a more nimble organization.

Meta has been undergoing significant changes since late 2022, when it announced its first major round of layoffs. In November 2022, the company slashed more than 11,000 jobs, amounting to about 13% of its workforce. 

At the time, Zuckerberg took full responsibility for the overhiring that occurred during the COVID-19 pandemic, as the company had anticipated a prolonged surge in e-commerce activity. "I got this wrong, and I take responsibility for that," he said, referring to the firm's rapid expansion during the pandemic.

While the current job cuts are smaller in scale compared to those in 2022, they signal Meta's ongoing efforts to optimize its workforce. The company appears to be shifting resources and talent to areas that align more closely with its long-term goals. 

Meta is focusing on becoming a more efficient operation, particularly as it faces increased competition and a changing digital landscape. Reality Labs, the division most affected by this round of layoffs, is seen as a key part of Meta's future strategy as the company bets heavily on the metaverse and other advanced technologies.

In addition to the restructuring efforts, Meta has faced other controversies related to employee terminations. In a separate incident reported by the Financial Times, Meta recently fired two dozen employees in Los Angeles for alleged misuse of the company’s daily $25 meal credits. The employees reportedly used the credits to purchase household items such as acne pads, wine glasses, and laundry detergent. These firings were unrelated to the broader team restructuring and took place last week, according to the report.

Despite these challenges, Meta remains focused on navigating the fast-evolving tech industry. As the company pivots towards its long-term vision of a more immersive digital world, it continues to face pressure to manage costs and streamline its operations, especially as it invests in developing the metaverse and other future technologies.

While the company has not provided further details on upcoming layoffs, it seems likely that Meta will continue to make adjustments to its workforce as it pursues its goal of becoming a more efficient and focused organization. For now, employees across its platforms, including WhatsApp, Instagram, and Reality Labs, remain on edge as the company's restructuring efforts unfold.

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