{"id":236873,"date":"2025-02-12T00:47:21","date_gmt":"2025-02-12T00:47:21","guid":{"rendered":"https:\/\/news.talkwithrattan.com\/index.php\/2025\/02\/12\/meta-starts-eliminating-jobs-in-shift-to-find-ai-talent\/"},"modified":"2025-02-12T00:47:22","modified_gmt":"2025-02-12T00:47:22","slug":"meta-starts-eliminating-jobs-in-shift-to-find-ai-talent","status":"publish","type":"post","link":"https:\/\/news.talkwithrattan.com\/index.php\/2025\/02\/12\/meta-starts-eliminating-jobs-in-shift-to-find-ai-talent\/","title":{"rendered":"Meta Starts Eliminating Jobs in Shift to Find AI Talent"},"content":{"rendered":"<div style=\"text-align:center\"><img decoding=\"async\" src=\"https:\/\/i3.wp.com\/i.gadgets360cdn.com\/large\/meta_reuters_1690955895413.jpg?ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"Meta Starts Eliminating Jobs in Shift to Find AI Talent\" title=\"Meta Starts Eliminating Jobs in Shift to Find AI Talent\" \/><\/div><p> <br \/>\n<\/p>\n<div>\n<p>Meta Platforms began notifying staff of job cuts on Monday, kick-starting a process that will terminate thousands of people as the company cracks down on \u201clow-performers\u201d and scours for new talent to dominate the AI race.\u00a0<\/p>\n<p><a class=\"sp_lnk2\" href=\"https:\/\/www.gadgets360.com\/tags\/meta\">Meta<\/a> workers who were let go were notified via email, and the company is offering US-based employees severance packages that include 16 weeks of salary, in addition two weeks for each year of service, according to people familiar with the matter, who asked not to be named because the details weren&#8217;t public. Employees whose review merited a bonus will still get one, and staff will still receive stock awards as part of the upcoming vesting cycle later this month, the people said.\u00a0<\/p>\n<p>Chief Executive Officer <a class=\"sp_lnk2\" href=\"https:\/\/www.gadgets360.com\/tags\/mark-zuckerberg\">Mark Zuckerberg<\/a> told employees that Meta would cut five percent of its workforce \u2014 as many 3,600 people \u2014 with a focus on staff who \u201caren&#8217;t meeting expectations,\u201d Bloomberg News\u00a0<a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2025-01-14\/meta-is-planning-to-cut-5-of-lowest-performers-memo-shows\" rel=\"noopener noreferrer nofollow\" target=\"_blank\">first reported in mid-January<\/a>. Affected US-based employees would be notified on February 10, while international employees could learn later, Zuckerberg said last month.\u00a0<\/p>\n<p>In a separate message to managers, the Facebook co-founder said the cuts would create headcount for the company to hire the \u201cstrongest talent.\u201d\u00a0<\/p>\n<p>Job cuts have been consistent at Meta in recent years. The company\u00a0<a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2023-03-14\/meta-to-cut-10-000-jobs-eliminate-5-000-more-vacant-positions\" rel=\"noopener noreferrer nofollow\" target=\"_blank\">laid off thousands of employees<\/a>\u00a0in 2022 and 2023 as part of an efficiency push. The latest wave of firings are expected to be completed by the end of the performance cycle that goes through February. They come as Meta seeks to beat out competitors including <a class=\"sp_lnk2\" href=\"https:\/\/www.gadgets360.com\/tags\/openai\">OpenAI<\/a> and <a class=\"sp_lnk2\" href=\"https:\/\/www.gadgets360.com\/tags\/deepseek\">DeepSeek<\/a> in a fast-moving artificial intelligence race.\u00a0<\/p>\n<p>Zuckerberg told investors in late January that Meta anticipates eventually spending hundreds of billions of dollars on <a class=\"sp_lnk2\" href=\"https:\/\/www.gadgets360.com\/tags\/ai\">AI<\/a> infrastructure. The Menlo Park, California-based company is applying AI across its range of apps and business units, from social media platforms like Instagram and Facebook to virtual reality glasses.\u00a0<\/p>\n<p><em>\u00a9 2025 Bloomberg LP<\/em><\/p>\n<p><i>(This story has not been edited by NDTV staff and is auto-generated from a syndicated feed.)<\/i><\/p>\n<\/div>\n<p><br \/>\n<br \/><a href=\"https:\/\/www.gadgets360.com\/internet\/news\/meta-eliminates-jobs-shit-find-ai-talent-7684860#rss-gadgets-news\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Meta Platforms began notifying staff of job cuts on Monday, kick-starting a process that will terminate thousands of people as the company cracks down on \u201clow-performers\u201d and scours for new talent to dominate the AI race.\u00a0 Meta workers who were let go were notified via email, and the company is offering US-based employees severance packages [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":236874,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"tdm_status":"","tdm_grid_status":"","fifu_image_url":"https:\/\/i.gadgets360cdn.com\/large\/meta_reuters_1690955895413.jpg","fifu_image_alt":"","footnotes":""},"categories":[607],"tags":[1274,67784,3402,6980,7610,2021,184743,5516,6462,2689],"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/posts\/236873"}],"collection":[{"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/comments?post=236873"}],"version-history":[{"count":1,"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/posts\/236873\/revisions"}],"predecessor-version":[{"id":236875,"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/posts\/236873\/revisions\/236875"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/media\/236874"}],"wp:attachment":[{"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/media?parent=236873"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/categories?post=236873"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/tags?post=236873"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}