
Mark Zuckerberg, CEO of Meta, admitted that the company made several mistakes during its organizational restructuring aimed at becoming an AI-driven company, and he confirmed there are no plans for additional large-scale layoffs.
This admission came as Meta is investing hundreds of billions of dollars to develop AI technology and transform its internal work structure, reflecting the trend among major U.S. tech companies intensifying their AI competition this year.
In an internal memo, Zuckerberg stated that the rapid changes in AI technology have posed many challenges to the organization, and due to the complexity of these changes, he acknowledged making mistakes.
However, he emphasized that the company is trying to stabilize the organization as much as possible during the restructuring and does not want employees to worry excessively about future changes.
Zuckerberg also reiterated that Meta has no plans for further company-wide layoffs this year, despite ongoing uncertainties caused by the fast pace of technological change.
Previously, Meta carried out a major organizational restructuring in May, reducing its global workforce by about 10%.
At the same time, the company reassigned over 7,000 employees to new projects related to AI systems and development processes.
Zuckerberg explained that creating new AI-related roles allowed Meta to downsize some teams while still enabling employees to be reassigned back to their original units if parts of the restructuring did not meet expectations.
In addition to personnel restructuring, Meta plans to increase investment in building teams and corporate culture to help employees adapt to the changes.
Zuckerberg said the company will boost budgets for internal activities, offsite meetings, and events, and is preparing to host a large Hackathon in July to foster team collaboration and accelerate the development of new AI models.
These recent moves reflect Meta's commitment to competing in AI against major rivals such as OpenAI, Google, and Microsoft.
In April, Meta raised its annual investment forecast for 2026 to between 125 billion and 145 billion U.S. dollars to accelerate the development of infrastructure, data centers, and next-generation AI technology.
Although Zuckerberg admitted this transition has been fraught with mistakes and challenges, Meta continues to pursue major organizational changes with the goal of becoming a global leader in artificial intelligence in the future.
Source:channelnewsasia
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