The Verge report did not specify the exact number of layoffs, but mentioned that they were small. Meta did not comment on the numbers.
“Today, some Meta teams are making changes to ensure resources are aligned with their long-term strategic goals and location strategy,” the company said. Spokesman Dave Arnold told The Verge.without disclosing the number of cuts.
The latest round of job cuts at the Mark Zuckerberg-led company, in smaller numbers this time rather than mass company-wide layoffs, includes moving some teams to different locations and moving some employees to different roles, according to Arnold’s statement to technology. news media.
“In situations like this, when a position is eliminated, we work hard to find other opportunities for affected employees,” he added.
This new round of layoffs follows a small series of job cuts in the company’s Reality Labs division earlier this year, according to the report.
The latest development comes more than a year after Zuckerberg called 2023 the “year of efficiency” and said management was focused on becoming a stronger, more agile organization.
In an earnings announcement in February 2023, Zuckerberg said, “We may incur additional restructuring charges as we advance our efficiency efforts. He had also said the company will cut some levels of middle management amid a companywide effort to reduce costs and increase “efficiency.”
Prior to this, in November 2022, Meta had said it was eliminating more than 11,000 positions, representing 13% of its staff. Zuckerberg took responsibility for the decision, saying the company overhired during the COVID-19 pandemic amid predictions of a continued rise in e-commerce.
“I was wrong and I take responsibility for it,” he said.
Separately, the Financial Times reported that Meta fired two dozen other employees in Los Angeles for allegedly using their $25 daily meal credits to buy household items such as acne pads, wine glasses and laundry detergent. the clothes. These layoffs are independent of team restructurings and took place last week, according to the Financial Times report.
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