Meta's AI Shakeup: 600 Jobs Cut To Speed Up Progress
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Meta Platforms, Inc. is cutting about 600 jobs in its AI division to streamline operations and enhance agility. This decision, communicated by Chief AI Officer Alexandr Wang, affects teams in AI infrastructure and research. Employees will receive severance pay and can apply for new positions until their end date on Nov. 21. CEO Mark Zuckerberg aims to improve AI momentum amid competition with OpenAI and Google, following a significant investment in Scale AI. Meta's projected expenses for 2025 have increased, with AI spending expected to drive growth in 2026.
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