Why still layoffs in MAANG?

My advice, don't specifically target MANGA. Instead, target a place where you'd find interesting problems to solve.

Trust a startup that is genuine and can take you places. MAANG was super small once upon a time. Never discount startups. If you genuinely trust the problem and the founder, it will go places.

Layoffs are for various reasons but high interest rates and lack of funding along with improvements in AI being a reason where more work is just being pushed through with ease. Also MAANG is just over bloated at this point of time so companies are just trimming the fat there.

It's a norm now. Companies will fire at the slightest issues with Financials or economy. Microsoft even fired people with a good result.