Instagram brings status updates with new Notes feature

Source: Meta

When Instagram's Notes feature started showing up on my app, I was immediately transported to the height of Yahoo! Messenger. But these days, it wants to make the feature a rival to Twitter. The feature has been tested for months, but it looks like Meta found the perfect opportunity to take advantage of the chaos at Twitter.

Notes lets you attach a 60-character status to your profile, which shows up in your Instagram messages. This feature joins Instagram's new BeReal-like feature and its other collaboration tools.

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Instagram starts testing its BeReal clone

Source: Meta

Instagram hasn't been shy about copying features from its competitors. Aside from its new collab features, the Meta social network has a new Candid Stories feature, recreating BeReal's signature once-a-day posts using both the front and rear cameras on your phone. Instagram is testing the feature in South Africa first.

Similar to BeReal, Instagram's Candid Stories will prompt you to post once a day. You can see your friend's Candids when they post. These will appear in the Stories section of the app. Instagram hasn't elaborated on when this feature gets a wider release, but you'll definitely hear from us when it does go live.

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Canadian staff also hit by Meta's layoffs

Source: Meta

The long-rumoured Meta layoff has happened, and several Canadian employees of the company were included. We don't have a specific number of how many were affected, but 11,000 people from the company were laid off globally. Meta announced this 13% workforce cut in hopes to become "leaner and more efficient." 

Canadian staff members in Meta's communications, client relations, human resources, and creative partnerships were among those who posted about their layoffs on LinkedIn. The cuts were a result of a miscalculation on the growth of e-commerce, which many tech companies have made. The initial surge during the pandemic had CEO Mark Zuckerberg and his team making growth predictions that didn't pan out. 

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Meta reportedly plans mass layoffs this week

Meta might be laying off several thousand of its employees this week. The Wall Street Journal cited unnamed sources familiar with the company's plans that an announcement might come as soon as Wednesday. If accurate, these layoffs will be the first large-scale workforce reduction in its 18-year history. Facebook's parent company is reportedly looking to slash its costs by at least 10% within the next few months.

These cost-cutting efforts show how companies, which make money through ads, are looking to rein in spending following the tech industry's rapid growth during the pandemic. Meta currently employs 87,000 people. And its CEO Mark Zuckerberg hinted during its third-quarter earnings call that job cuts might be imminent.

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