Meta plans to lay off or relocate Instagram employees in London

[Meta plans to lay off or relocate Instagram employees in London] Meta Platforms is planning to cut or relocate its Instagram employees in London, according to people familiar with the matter. The London office became the hub for the development of the social media app last year when Adam Mosseri, the head of the social media app, temporarily moved to London. Mosseri plans to move to the United States with unlaid-off employees. The move will not be final until the necessary consultation period with the UK government is completed.