Layoffs have started at Meta, the parent company of Facebook, as part of its latest cost-cutting plan. Reports say the company has begun reducing its workforce in several departments after earlier announcements about restructuring. The decision comes as Meta focuses on controlling expenses and improving efficiency.
Sources said the layoffs were expected for the past few weeks, and employees in different teams have started receiving notifications. The company is trying to shift its focus towards artificial intelligence, new technology projects, and long-term investments.
Meta has already cut jobs in previous years, and the latest round of layoffs shows that the tech industry is still going through a period of changes. Experts say many companies are reducing staff to manage costs and prepare for future competition.
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