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News in English (USA) / 17.10.2024 / 08:00

Meta Announces New Round of Layoffs, Affecting Multiple Teams

Meta has confirmed another round of layoffs, impacting employees across various teams including WhatsApp, Instagram, and Reality Labs. This marks the fifth round of job cuts in two years as the company continues to restructure its workforce to align with long-term goals. The layoffs come amid an ongoing trend of job reductions in the tech industry, with Meta facing criticism and pressure to optimize its operations amid significant changes. The company aims to realign its teams for better efficiency and effectiveness amid a challenging economic environment.
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