- Meta has confirmed the job cuts
- It has already started breaking the news to the laid off employees
- Meta is presently working to develop the next leg of AI and calls it “superintelligence”
Meta will soon be laying off around 600 employees from its Artificial Intelligence team. The development was confirmed by a company spokesperson to CNBC on Wednesday, October 23. The aims of this restructuring is to reportedly remove internal operational chaos and bring order to the ongoing AI-related research and development work.
Information about the upcoming job cuts has already been conveyed to the divisions which may be impacted. These units include its AI infrastructure units and Fundamental Artificial Intelligence Research unit among others.
Meta has gradually started reaching out to employees who will no longer be part of the company. Their last working dates will be November 21, until which, they shall be serving a “non-working” notice period.
Newsletter
Get weekly updates on the newest crypto stories, case studies and tips right in your mailbox.
During the notice period, the company has encouraged employees laid off from the AI units to find other roles within the company, the CBDC report said, citing the company spokesperson.
Those laid off will be paid 16 weeks of severance along with two weeks for each year of service completed — eliminating the notice period tenure.
This major round of job cuts at Meta comes at a time when the company is accelerating work around “superintelligence”. Company chief Mark Zuckerberg believes that superintelligence will be the next iteration of present day AI, capable of delivering results close to those by humans or even better.
The company even repeatedly made it to the headlines earlier this year, for poaching AI experts from contemporaries like Microsoft and OpenAI at ridiculously high packages — touching a billion dollars.
Before entering this hiring spree, Meta had laid off 3,600 staff members in February.
The Menlo Park, California-based company is set to announce its third quarter results next week. During its Q2 earnings call in July, the company had estimated its total loss for the year of 2025 to range between $114 billion to $118 billion.
