Mark Zuckerberg sought to reassure Meta employees that there will not be further “company-wide lay-offs” this year, as the company slashed 10 per cent of jobs in an overhaul designed to reshape its workforce around AI.
The $1.5tn social media group on Wednesday cut 8,000 jobs, closed 6,000 positions that it had planned to hire for, and shifted 7,000 people into new AI-focused teams, as Zuckerberg moves to offset his gargantuan AI spending.
In a memo, seen by the FT, Zuckerberg expressed “gratitude” to the workers who were being let go, but said that this was “the most dynamic I have seen our industry”.
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