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Showing posts with label Meta. Show all posts
Showing posts with label Meta. Show all posts

Wednesday, October 22, 2025

===Meta Cuts 600 Jobs in AI Division

Meta Platforms is cutting about 600 jobs in its AI division, according to an internal memo that was viewed by The Wall Street Journal and a person familiar with the matter.

The job cuts will affect the company’s teams focused on artificial-intelligence products, infrastructure and long-term AI research, but won’t touch TBD Lab, the new team that houses most of Meta Chief Executive Mark Zuckerberg’s multimillion-dollar hires, the memo said.

Since the lackluster launch of Meta’s latest Llama large language model in the spring, the company has been on a crusade to reset its AI plans and stay competitive with other leading companies racing to develop cutting-edge AI technology. 

Meta acquired a 49% stake in startup Scale AI and hired its CEO, Wang, to run a newly formed AI division focused on developing so-called superintelligence. Zuckerberg also became the company’s recruiter-in-chief, personally reaching out to prospective AI hires to invite them to his homes for meals and pitches on why they should join his company. Another part of the pitch was lofty multimillion-dollar pay packages.

Meta ultimately managed to poach more than 50 engineers, researchers and other employees from competitors like OpenAI, Alphabet’s Google and Apple. Many of those hires are part of the secretive TBD Lab team at Meta, which has taken over development of the company’s models. 

That team sits near Zuckerberg’s desk at Meta’s Menlo Park, Calif., headquarters and has separate badges to get into their designated section. None of the people on the team were affected by Wednesday’s cuts, according to the memo. 

Sunday, November 6, 2022

Meta Plans To Cut Thousands

Following the lead of rival social media outlet Twitter, Facebook-owner Meta reportedly plans large-scale layoffs that could hit thousands of employees this week.  


According to a report by the Wall Street Journal, the announcements that "many thousands of people" will be cut could come as soon as Wednesday. Meta says it employs 87,000.

The WSJ report said Meta has told employees to cancel nonessential travel beginning this week. It would be the first large reduction of employees in the company's 18-year history.

Rivals Initiate Layoffs
The round of layoffs by Meta follows that of rival Twitter. The new owner of privately held Twitter, Tesla Chief Executive Elon Musk, is cutting half the staff, or 3,700 people. But reports over the weekend said Twitter asked some laid off workers to come back.

Further, Amazon last week said it would pause corporate hiring. Among other companies, ride-hailing company Lyft said it would cut 700 jobs, about 13% of its workforce.

Also, Stripe last week said it expects to cut 14% of staff. Reports cited a note Chief Executive Patrick Collison sent to his staff. In it, he cited "stubborn inflation, energy shocks, higher interest rates, reduced investment budgets and sparser startup funding."