Meta, the tech giant behind social media platforms like WhatsApp and Instagram, has initiated a new wave of layoffs impacting several departments, including Reality Labs. This reorganization is indicative of a more targeted approach rather than broad company-wide dismissals, as stated by insiders familiar with the company's internal dynamics.

High-Profile Departures

Some affected employees have begun to publicly share their experiences of being let go. Notably among them is Jane Manchun Wong, an individual well-known for her insights into upcoming app features, who had joined Meta's Threads team in 2023.

Seeking Confirmation

As of now, Meta has yet to release an official statement regarding these layoffs, though inquiries for confirmation have been made. The company’s recent activity comes on the heels of a prior series of job reductions within its Reality Labs division earlier this year.

Historical Context

This is not Meta's first encounter with widespread layoffs. Back in 2022, the company shed 11,000 jobs following a period of overestimated growth expectations post-pandemic. This was followed by additional reductions totaling 10,000 positions as part of CEO Mark Zuckerberg's strategic drive towards a more efficient operational model during 2023's "year of efficiency."

For more details, you can refer to the original article from The Verge.