- Mark Zuckerberg says there will be no more large-scale cuts at Meta
- The company recently laid off 8,000 workers and reassigned another 7,000
- Zuckerberg also pledges to improve “communication” around budget cuts
Meta CEO Mark Zuckerberg said he doesn’t expect any more mass layoffs at the company this year.
Speaking on the day his company laid off 8,000 people (about 10% of its workforce) and reassigned thousands more workers to new AI-focused departments, Zuckerberg said that was the end of the budget cuts for now.
“I want to be clear that we do not expect any additional company-wide layoffs this year,” Zuckerberg said in an internal memo (per PK Press Club). “I also want to acknowledge that we have not been as clear as we aspire to be in our communication, and this is an area where I want to make sure we improve.”
As expected, the memo didn’t exactly go down well with some Meta employees, who PK Press Club say some comments left on his post citingthe words company-wide and expect, and another noting that things sometimes happen ‘unexpectedly.’
News of Meta’s most recent layoffs made headlines around the world, largely because of the abruptness and apparent seriousness of the process for those involved.
THE Financial Times claims Meta staff in North America were asked to stay home the day the cuts were announced, and emails describing their plight were sent early in the morning.
Alongside the laid-off workers, around 7,000 other Meta employees have now been moved to new AI-focused teams. Zuckerberg has apparently long believed that the adoption of AI will lead to huge leaps in productivity and efficiency, and has invested billions in implementing the technology at his company.
Among the new teams is one called “Applied AI”, which seeks to focus on “optimizing” Meta’s AI models, while another focuses on creating agents to help staff automate workflows.
Zuckerberg’s comments could also suggest that while no large-scale layoffs are planned in the near future, smaller-scale reductions at the team level could still take place.
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