Meta sheds 600 jobs, citing competition in AI

Meta is slashing roughly 600 jobs in its artificial intelligence unit as the tech giant aims to move faster to compete with its rivals.

- QUEENIE WONG

UNDER CEO Mark Zuckerberg, Meta has been doubling down on its AI efforts.

(Nic COURY Associated Press)

The company declined to comment on the job cuts, but confirmed an earlier report by Axios, which cited a Wednesday memo that Meta Chief AI Officer Alexandr Wang sent to employees.

"By reducing the size of our team, fewer conversations will be required to make a decision, and each person will be more load-bearing and have more scope and impact," the memo said.

The job cuts hit workers in Meta’s superintelligence lab, a division that has several thousand employees. The company is working to bring “superintelligence” — AI that surpasses human intelligence — to everyone, Meta Chief Executive Mark Zuckerberg said in a July memo.