Meta Layoffs: Preparations for layoffs again in Meta! People can be fired from the division making custom chipsets
Preparations are underway for layoffs again in Meta, the parent company of WhatsApp and Instagram. The company is preparing to cut jobs in the Realme Labs division. This team makes custom chipsets for the company. According to a Reuters report, employees have already been informed about the layoffs through the company’s professional networking platform. The report said the layoffs could take place as early as Wednesday when affected employees will be informed of their status.
Meta has not made any official confirmation about the layoffs. However, the report suggests that the cuts will be in a team known as the Facebook Agile Silicon Team, or FAST.
The potential significance of these layoffs cannot be underestimated, as they could impact Chief Executive Mark Zuckerberg’s ambitious project of creating augmented and artificial products that provide access to immersive virtual worlds known as “metaverses.” provide. This also includes the development of AR glasses which Zuckerberg believes will revolutionize our interactions with technology.
The FAST unit, comprised of approximately 600 employees, is focused on designing custom chips to enhance the performance and efficiency of Meta’s devices, setting them apart in the emerging AR/VR market. However, Meta has faced challenges producing competitive chips internally and has turned to chipmaker Qualcomm to produce chips for its existing devices.
In a statement earlier this year, Zuckerberg indicated that most of the year’s layoffs would occur during the spring, but acknowledged that some changes could happen by the end of the year.