The casualties of the latest round of layoffs is unknown (for now), and comes at a time when Meta is noting slowing user growth on its social media platforms, as well as heightened competition from rival platforms like TikTok. Things are made worse by Meta’s investments in virtual and augmented reality through Reality Labs, which have been expensive and yet to yield significant returns. It is thus no surprise that Meta is now taking a step back to cut down on costs, but it is the employees who are paying the price.