Meta Conducts Widespread Layoffs Across Multiple Teams, Reallocation of Resources Underway

In a statement to TechCrunch, Meta confirmed that the company has undergone a significant restructuring, resulting in layoffs across multiple teams. The affected teams include Reality Labs, Instagram, and WhatsApp, with employees working on these teams being notified of the changes via video calls. The goal of this realignment is to reallocate resources to better align with Meta's long-term strategic goals and location strategy.