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Fortune
Fortune
Kali Hays

Meta's quest for 'efficiency' sparks new wave of layoffs

(Credit: David Paul Morris—Bloomberg via Getty Images)

Scores of Meta employees have been laid off this week, as the company embraces a new corporate culture of “efficiency” around resources and headcount.

Around 100 people were impacted by the latest round of reorganizations and a related reallocation of some resources inside Meta, three people with knowledge of the company told Fortune. Such changes and related incremental cuts to teams have been frequent at Meta this year, as CEO Mark Zuckerberg sticks to his vow that 2023’s “year of efficiency” would become a “permanent” part of how his company operates going forward. A handful of workers at Instagram and Messenger were cut earlier this year amid other team reorganizations and the elimination of certain job titles.

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