There have been no layoffs at Meta, which is the parent company of WhatsApp and Instagram. In the Reality Labs division, the company is getting ready to make job cuts. For the business, this group creates unique chipsets. Reuters reports that the company’s professional networking platform has already notified staff of the layoffs. The story states that layoffs will occur on Wednesday. Employees that are impacted will be advised of their situation.
There is no formal confirmation at this time.
The layoffs have not been officially confirmed by Meta. However, according to rumors, the Facebook Agile Silicon Team, or FAST, the team will be affected by the employment layoffs. A spokeswoman for Meta has likewise declined to comment on this. Let us inform you that the Agile Silicon team consists of roughly 600 people. There was no mention of how many of these folks will be evacuated.
In an earlier statement,
Zuckerberg said that the majority of the year’s Whatsapp & Instagram layoffs will occur in the spring. This was something he had already hinted at at the beginning of the year. Additionally, he had hinted that before the year’s end, some changes would take place. The article also discloses that since Meta named a new leader to manage the division earlier this year, a restructuring of the FAST business had been anticipated. In addition, Meta’s chip manufacturing division, which was geared towards artificial intelligence, has encountered issues.
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