Meta To Lay Off 600 Employees From AI Superintelligence Labs Despite Massive Investment

Months after a major spending push to acquire top industry talent for its artificial intelligence ambitions, Meta’s AI Superintelligence Labs is set to lay off around 600 employees, an internal memo said.

Employees in Meta’s AI division were informed of the cuts on October 22, according to the report. Notably, the company’s recently formed TBD Lab group, which includes many of the highly paid new recruits, remains unaffected, Bloomberg reported.

Meta Platforms’ Chief AI Officer Alexandr Wang said in an internal memo that the downsizing is designed to streamline operations and reduce bureaucracy.