Meta begins to eliminate jobs in shifts and finds AI talent


(Bloomberg) – Meta Platforms Inc. began notifying Jobcut staff on Monday to end thousands of people as the company cracks down on “low performers” and wash away new talent to dominate the AI ​​race We have started to start the process.

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Unsold Metaworkers will be notified via email and the company offers a US employee resignation package that includes a 16-week salary. It is named because details were not published. People said employees whose reviews deserve a bonus will continue to win one, and staff will win the stock award later this month as part of their upcoming rights setting cycle.

Chief Executive Mark Zuckerberg told employees that Meta will cut 5% (many 3,600) of the workforce focused on staff that “doesn’t meet expectations.” Zuckerberg said affected US-based employees were notified on February 10, saying international employees could learn later.

The Facebook co-founder said in another message to the manager that Cut will create personnel to hire “the most powerful talent.”

In recent years, job vacancies have been consistently reduced in the meta. The company fired thousands of employees in 2022 and 2023 as part of its efficiency drive. The latest wave of firing is expected to be completed by the end of the performance cycle, which will take place over February. They come when Meta aims to beat competitors like Openai and Deepseek in the fast artificial intelligence race.

Zuckerberg told investors in late January that Meta expects to eventually spend hundreds of billions of dollars on AI infrastructure. The Menlo Park, California-based company applies AI to a variety of apps and business units, from social media platforms such as Instagram and Facebook to virtual reality glasses.

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