Meta lays off 600 employees within AI unit
CNBC: Meta lays off 600 employees within AI unit
Key Points
- Meta will lay off roughly 600 employees within its artificial intelligence unit, a spokesperson confirmed to CNBC.
- The cuts come as Meta has poured billions of dollars into AI to keep pace with rivals like Google and OpenAI.
- Meta’s Chief AI Officer, Alexandr Wang, announced the layoffs in a memo to staff.
Meta will lay off roughly 600 employees within its artificial intelligence unit as the company looks to reduce layers and operate more nimbly, a spokesperson confirmed to CNBC on Wednesday.
The company announced the cuts in a memo from its Chief AI Officer Alexandr Wang, who was hired in June as part of Meta’s $14.3 billion investment in Scale AI.
The company announced the cuts in a memo from its Chief AI Officer Alexandr Wang, who was hired in June as part of Meta’s $14.3 billion investment in Scale AI.
Workers across Meta’s AI infrastructure units, Fundamental Artificial Intelligence Research unit and other product-related positions will be impacted.
Axios was first to report the cuts.
Meta notified at least some employees on Wednesday that Nov. 21 is their termination date and, until then, they’re in a “non-working notice period.”
Axios was first to report the cuts.
Meta notified at least some employees on Wednesday that Nov. 21 is their termination date and, until then, they’re in a “non-working notice period.”
“During this time, your internal access will be removed and you do not need to do any additional work for Meta,” said the message, which was viewed by CNBC.
“You may use this time to search for another role at Meta.”
- The company also said it’s paying 16 weeks of severance plus two weeks for every completed year of service, “minus your notice period.”
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