tech ๐ค Meta's AI cut plan hit a snag ๐ค
Mark Zuckerberg planned for Meta to become an AI-first company, aiming to use AI agents to handle large portions of human work. Internal plan Project OT considered cutting some teams by up to 60 percent across two waves. The company executed layoffs in May but dropped a planned November wave due to backlash and poor AI results. Employee resistance and disappointing productivity from AI agents forced Meta to pull back the aggressive restructuring. Zuckerberg is now reframing AI as an empowering tool, acknowledging AI progress is slower than anticipated.