Strategic Reallocations
Meta has initiated layoffs across various departments, including , , and , as part of strategic realignments to meet long-term goals and location strategies.
The company emphasized efforts to transition affected employees to new roles or locations, despite the layoffs, which were not specified in number but reportedly small.
Continuous Efficiency Push
These layoffs follow previous reductions in 2022 and 2023, aligning with CEO 's "year of efficiency" and the company's response to overoptimism post-pandemic.
Despite the workforce reductions, Meta has seen a significant increase in shares and positive revenue forecasts, indicating robust digital-ad spending and confidence in AI investments.