Meta Platforms , the social media giant behind Facebook, Instagram , and WhatsApp , confirmed that it is laying off employees across several key divisions, including its core social media platforms Instagram and WhatsApp. The company fired 11,000 employees in 2022 and around 10,000 professionals were sacked in 2023. The exact number of employees affected is not yet known, but reports suggest the cuts are part of a wider effort to streamline operations and reduce costs.
This news comes amidst recent reports highlighting slowing user growth and increased competition for Meta's core social media platforms. The company has also faced criticism for its handling of user data privacy and the hefty investments poured into its nascent virtual and augmented reality projects under Reality Labs.
Jane Manchun Wong, a well-known reverse engineer and social media expert, announced on Threads that she has been laid off from Meta. “I’m still trying to process this but I’m informed that my role at Meta has been impacted. Thank you to everyone, especially my Threads and Instagram teammates, for my wild journey at Meta. If anyone is interested in working together esp on software/security engineering, please reach out via my email, LinkedIn, etc noted on my personal website,” reads the post.
“Today, a few teams at Meta are making changes to ensure resources are aligned with their long-term strategic goals and location strategy. This includes moving some teams to different locations, and moving some employees to different roles. In situations like this when a role is eliminated, we work hard to find other opportunities for impacted employees,” company spokesperson Dave Arnold told The Verge.
The specific teams impacted within WhatsApp, Instagram, and Reality Labs remain unclear. However, industry analysts suggest the layoffs might target departments like product development, engineering, and business operations to streamline workflows.
This news comes amidst recent reports highlighting slowing user growth and increased competition for Meta's core social media platforms. The company has also faced criticism for its handling of user data privacy and the hefty investments poured into its nascent virtual and augmented reality projects under Reality Labs.
Jane Manchun Wong, a well-known reverse engineer and social media expert, announced on Threads that she has been laid off from Meta. “I’m still trying to process this but I’m informed that my role at Meta has been impacted. Thank you to everyone, especially my Threads and Instagram teammates, for my wild journey at Meta. If anyone is interested in working together esp on software/security engineering, please reach out via my email, LinkedIn, etc noted on my personal website,” reads the post.
“Today, a few teams at Meta are making changes to ensure resources are aligned with their long-term strategic goals and location strategy. This includes moving some teams to different locations, and moving some employees to different roles. In situations like this when a role is eliminated, we work hard to find other opportunities for impacted employees,” company spokesperson Dave Arnold told The Verge.
The specific teams impacted within WhatsApp, Instagram, and Reality Labs remain unclear. However, industry analysts suggest the layoffs might target departments like product development, engineering, and business operations to streamline workflows.
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