Meta is letting go of about 600 employees from its artificial intelligence (AI) teams.
A company spokesperson told CNBC the decision is part of a plan to reduce management layers and work more efficiently.
The announcement came through a message from Meta’s chief AI officer, Alexandr Wang, who joined the company in June. His arrival was tied to Meta’s $14.3 billion investment in Scale AI.

Did you know?
Subscribe – We publish new crypto explainer videos every week!
What is IOTA’s Tangle? IOTA & mIOTA Animated Explainer
The layoffs will affect people working in AI infrastructure, the research division focused on fundamental AI development, and other teams involved in AI-related products.
On October 22, some employees were informed that they would remain on the payroll until November 21, with no work requirements. A message seen by CNBC said they will lose access to internal systems during this period and can use the time to look for other roles within the company.
Those impacted will receive 16 weeks of base pay as severance, along with an extra two weeks for every full year they have worked at Meta. However, this payout will be reduced by the length of the notice period.
While some positions are being removed, Meta says it will continue to hire for key roles that support its long-term goals in AI.
Recently, Dragonfly Capital shared findings that show entry-level opportunities in the cryptocurrency industry are limited in 2025. Why? Read the full story.
Discover more from Earlybirds Invest
Subscribe to get the latest posts sent to your email.