๐ผ Meta to Lay Off 600 Employees in AI Division to Boost Agility and Efficiency ๐ค
According to Foresight News, Meta has announced plans to lay off around 600 employees from its artificial intelligence (AI) department. A company spokesperson explained that the move aims to โreduce management layers and enhance organizational flexibility.โ ๐
In an internal memo, Chief AI Officer Alexandr Wang stated that the restructuring will help streamline communication, empower team members with greater responsibilities, and accelerate decision-making across AI operations. โ๏ธ
Impacted employees were notified that their final working day will be November 21, and Meta will provide a severance package including 16 weeks of base pay, plus two additional weeks per year of service, excluding the notice period. ๐ ๐ฐ