Meta’s Instagram is cutting 60 technical program managers this week, a move seen as being in line with CEO Mark Zuckerberg’s “efficiency” drive, The Informatiton’s Sylvia Varnham O’Regan reports. The laid off staffers will have two months to try to find another job at the company, the author says. As part of an overall Instagram shakeup, the company is forming three new focus areas within its “Sharing” product group, which is centered on helping people create and share content on the platform, the author notes.
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