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Latest Meta layoffs target 168 employees in Washington state

META
M&A & RestructuringTechnology & InnovationCompany FundamentalsManagement & Governance

Meta is cutting 168 employees in Washington state, with the company's virtual reality division particularly hard hit. This is another round of layoffs reflecting ongoing restructuring and cost control in Meta's VR/metaverse efforts; the 168-job reduction is modest relative to company size and unlikely to materially affect overall financials but signals continued strategic trimming.

Analysis

Meta is cutting 168 employees in Washington state, with the company's virtual reality division particularly hard hit. This is another round of layoffs reflecting ongoing restructuring and cost control in Meta's VR/metaverse efforts; the 168-job reduction is modest relative to company size and unlikely to materially affect overall financials but signals continued strategic trimming.

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