Meta's AI Shakeup: 600 Jobs Cut To Speed Up Progress

Benzinga

Meta will cut 600 AI division jobs to streamline operations and refocus after its Llama 4 setback. The company is ramping up spending on superintelligence research under Alexandr Wang and Nat Friedman as AI investments drive future growth.

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00:00It's Benzinga, bringing Wall Street to Main Street.

00:02Meta Platforms confirmed Wednesday that it will cut about 600 jobs for its artificial intelligence division

00:07to streamline operations and improve agility, according to Benzinga.

00:11Layoffs disclosed an internal memo from Chief AI Officer Alexander Wang

00:14will affect AI infrastructure, research, and product teams.

00:18Meta has been overhauling its AI strategy to better compete with OpenAI and Google,

00:22wrapping up spending on computing power and talent.

00:24After his appointment with the Lama 4 launch,

00:26CEO Mark Zuckerberg created Meta Super Intelligence Labs under Alexander Wang and Nat Friedman

00:31to accelerate progress.

00:33Meta raised its 2025 expense forecast to between $114 billion and $118 billion,

00:39setting rising AI investment as a key driver of future growth.

00:42The company will release its third quarter earnings next week.

00:45For all things money, visit Benzinga.com.

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