Mark Zuckerberg has issued a rare and candid admission that Meta has faltered during its aggressive artificial intelligence overhaul. In an internal memo, the chief executive acknowledged that the company's rapid transition towards generative AI investment has been marred by significant missteps, leaving staff morale battered following months of tech workforce restructuring.
The memo follows a traumatic May for the Facebook and Instagram parent company, during which it cut 10 per cent of its global workforce—roughly 8,000 positions—and forcibly reassigned 7,000 employees into new roles. This seismic shift was designed to align Meta's resources with its multi-billion-dollar bet on superintelligence, but it has triggered widespread internal discontent.
