Meta planning Instagram job cuts

 

Meta is reportedly planning to cut Instagram jobs in its London office. 

 The office has around 100 employees.

  • According to Bloomberg, the decision will be made public after Meta concludes a consultation period with the U.K. government.
  • The report also claims that Instagram's CEO plans to relocate to the U.S. along with the other London-based employees that are not laid off.
    • Adam Mosseri moved to London in 2022 for an unspecific period to help boost productivity.
  • The job cuts are part of the second round of layoffs that Meta announced earlier this year in March.
  • Meta aims to cut 10,000 jobs this year, adding to the 11,000 employees that were let go in late 2022.

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