Meta is expected to continue layoffs involving departments such as Instagram, WhatsApp, and Reality Labs

Meta is laying off employees in departments such as Instagram, WhatsApp, and Reality Labs to align with long-term strategic goals. A spokesperson stated that some teams will be relocated to different locations, making efforts to find other opportunities for affected employees. The scale of the layoffs is relatively small, with specific numbers undisclosed. Since November 2022, Meta has already reduced around 21,000 positions, with CEO Mark Zuckerberg calling 2023 the "year of efficiency." Despite this, Meta's stock price has risen by over 60% this year, with second-quarter financial results exceeding expectations and third-quarter sales forecasts looking optimistic