Mark Zuckerberg was hours away from starting Meta's first major AI-driven workforce restructuring when he made an unexpected change. The first round of layoffs would still happen. But a second wave, planned for later in the year and potentially much larger, was abruptly cancelled the night before the cuts began.
The decision centred on Project OT, short for Organization Transformation, a confidential programme designed to make Meta an AI-native company. Internal planning documents reviewed by Reuters showed executives had considered reducing some teams by as much as 60%. The restructuring was planned in two phases. The first was scheduled for May, while the second was planned for November.