Meta Layoffs 2024: What To Expect. Meta platforms laid off employees from multiple teams, including instagram, whatsapp, and reality labs, in a fresh wave of job cuts at the facebook parent company on. Mark zuckerberg lost $16 billion on the metaverse last year, but meta investors are elated because job cuts and office closures led to huge profits.
On october 17, 2024, meta announced that it has begun its third round of layoffs, following similar layoffs in 2022 and 2023. Scores of meta employees have been laid off this week, as the company embraces a new corporate culture of “efficiency” around resources and headcount.
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