Skip to content
Saturday, June 13
  • About Us
  • Contact Us
  • Advertise with us
  • Login
  • Add Post
  • Account
  • Dashboard
International Media News

International Media News

International Media News

International Media News

International Media News

  • Home
  • India
  • World
  • Business
  • Entertainment
  • Sports
  • Editors choice
  • Gallery
    • Image
    • Video-gallery
  • Home
  • India
  • World
  • Business
  • Entertainment
  • Sports
  • Editors choice
  • Gallery
    • Image
    • Video-gallery
Home>>Business>>Meta Rolls Out Another Round Of Lay-offs, WhatsApp, Instagram Staff Affected: Report
Business

Meta Rolls Out Another Round Of Lay-offs, WhatsApp, Instagram Staff Affected: Report

international media news
October 18, 2024 81 Views0

Meta has begun laying off employees across various departments, reported ‘The Verge’ citing people familiar with the matter. The affected departments include WhatsApp, Instagram, and Reality Labs, according to the report.

 

Notably, this is reportedly not a company-wide mass firing. The new round of lay-offs will be a small to coincide with reorganizations of specific teams, reported ‘The Verge’. Some Meta employees even started posting on social media that they’ve been laid off, said the report. The Verge, did not specify the exact number of job cuts.

“Today, a few teams at Meta are making changes to ensure resources are aligned with their long-term strategic goals and location strategy,” a company spokesperson told ‘The Verge’. “This includes moving some teams to different locations, and moving some employees to different roles. In situations like these, when a role is eliminated, we work hard to find other opportunities for impacted employees,” told the spokesperson to ‘Reuters’.

In another case, the Financial Times reported that Meta fired many employees in Los Angeles for allegedly using their daily $25 meal credits to instead buy household items. These terminations were separate from the team re-structuring, the Financial Times report said. However, Meta declined to comment on this report.

Recent Meta Lay-offs

In the move to cut costs, Meta has slashed around 21,000 jobs since November 2022. Meta first laid off 11,000 employees in 2022. This was on the back of overoptimism about the company’s growth coming out of the Covid-19 pandemic. The company then announced 10,000 more job cuts with CEO Mark Zuckerberg calling “year of efficiency” in 2023.

Share:

Previous Post

Adani Enterprises Rs 4,200 Crore QIP: Quant Mutual Fund Picks Nearly Half Of Shares

Next Post

SCO Meet: India Shows Mirror To China, Pakistan Over ‘3 Evils’

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Recent News

  • Lock Upp: Sach ya Sazaa Season 2 – Riteish Deshmukh, Farah Khan turn hosts, replace Kangana Ranaut — When and where to watch
  • ‘Mere speculation’: Iran says no final decision on any deal with US
  • Sensex, Nifty gain over 1% on lower crude prices and global optimism
  • Rob Key clarifies why Joe Root replaced Ben Stokes, not Harry Brook for interim role
  • Huge money transfers, bigger questions: Rs 503 cr transaction leads Rs 635 cr Bengal ‘advertisement scam’ linked to Mamata Banerjee

Latest News

Lock Upp: Sach ya Sazaa Season 2 – Riteish Deshmukh, Farah Khan turn hosts, replace Kangana Ranaut — When and where to watch

international media news
June 13, 2026

Netflix is set to expand its reality programming slate with the launch of 'Lock Upp: Sach ya Sazaa,'

‘Mere speculation’: Iran says no final decision on any deal with US

international media news
June 13, 2026

Sensex, Nifty gain over 1% on lower crude prices and global optimism

international media news
June 13, 2026

Rob Key clarifies why Joe Root replaced Ben Stokes, not Harry Brook for interim role

international media news
June 13, 2026

Latest News

Lock Upp: Sach ya Sazaa Season 2 – Riteish Deshmukh, Farah Khan turn hosts, replace Kangana Ranaut — When and where to watch

international media news
June 13, 2026

‘Mere speculation’: Iran says no final decision on any deal with US

international media news
June 13, 2026

Popular Categories

  • India
  • World
  • Business
  • Entertainment
  • Sports

Quick Links

  • About Us
  • Contact Us
  • Advertise with us
  • Login
  • Add Post
  • Account
  • Dashboard
All Rights Reserved © International Media News | Website By - Hurl Technologies Pvt. Ltd. | WordPress Theme Ultra News