In Thursday's all-hands meeting, Meta CEO Mark Zuckerberg admitted the company's recent massive restructuring hasn't gone as planned. Nearly four months in, AI agent development hasn't accelerated as expected, and the upfront investments and org changes haven't yet paid off.
To free up cash for expensive AI infrastructure, Meta cut about 10% of its workforce in May and reassigned roughly 7,000 employees to AI teams. Zuckerberg acknowledged management miscalculated the timing of the reorg, making the transition messier than it should have been. Still, he predicted the benefits from AI investments would start showing within the next three to six months.
On the topic of the employee mouse and digital activity monitoring program — which was suspended last month over data privacy concerns — CTO Andrew Bosworth told staff that an investigation found no employee data was leaked into AI training. If the program is revived, it will be opt-in rather than mandatory for all employees like it was when it launched in April.