Meta Lays Off 600 in AI Division After Offering $300M Packages to Top Talent

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Meta has laid off 600 employees from its flashy AI division, known as Superintelligence Labs, potentially marking the start of a major restructuring under new leadership.

CEO Mark Zuckerberg spent most of this year building up the team, making headlines for hefty pay packages—some reportedly worth up to $300 million—that lured AI leaders from competitors like OpenAI and Apple. That includes Alexandr Wang, founder of Scale AI, who sold a 49% stake in his company to Meta in June…



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Meta Lays Off 600 in AI Division After Offering $300M Packages to Top Talent


Meta has laid off 600 employees from its flashy AI division, known as Superintelligence Labs, potentially marking the start of a major restructuring under new leadership.

CEO Mark Zuckerberg spent most of this year building up the team, making headlines for hefty pay packages—some reportedly worth up to $300 million—that lured AI leaders from competitors like OpenAI and Apple. That includes Alexandr Wang, founder of Scale AI, who sold a 49% stake in his company to Meta in June…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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