Meta is laying off employees across multiple divisions this week, company spokesperson Dave Arnold confirmed to The Verge.
This includes Threads, WhatsApp, Instagram, and Reality Labs.
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“Today, a few teams at Meta are making changes to ensure resources are aligned with their long-term strategic goals and location strategy,” Arnold said. “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.”
Employees have confirmed the news on social media, including Jane Manchun Wong, a former tech journalist who joined Threads in 2023.
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In 2022, Meta laid off 11,000 people, around 13% of its workforce. In 2023, CEO Mark Zuckerberg announced a “year of efficiency,” which included more layoffs of around 10,000 people.
In July, Meta reported a $4.5 billion quarterly loss in its Reality Labs division, which runs metaverse and VR projects.
It is not yet known how many employees are affected by Thursday’s layoffs.
Source: entrepreneur.com