The Pulse: Meta wanted to reduce teams by 60% because of AI

Reuters reports that Meta's leadership decided in January to reduce team sizes by 60%, planning the company's largest-ever layoffs, a move attributed to AI-driven efficiency. The decision reflects a broader trend of tech companies using AI to streamline operations, potentially reshaping workforce structures across the industry.

The Pulse is a series covering events, insights, and trends within Big Tech and startups. Today, we cover: Did Meta really decide to reduce team sizes by 60% because of AI? An in-depth report by Reuters details how Meta’s leadership decided to slash team sizes by 60%, hatching plans in January to execute the social media giant’s largest-ever layoffs. But …