Meta to lay off 600 employees from ‘sluggish’ AI unit

Core Insights - Meta Platforms is laying off about 600 employees in its artificial intelligence division to enhance decision-making and streamline operations [1][2][3] - The layoffs will impact various segments of the AI division, excluding the newly established TBD Lab [2] - Employees in the U.S. were notified of their termination scheduled for November 21, with severance packages including 16 weeks of pay plus additional weeks based on years of service [2] Company Strategy - The reorganization aims to make the AI team more agile by reducing bureaucratic hurdles and facilitating quicker decision-making, driven by CEO Mark Zuckerberg's impatience with the pace of AI advancements [3] - Despite the layoffs, Meta continues to invest significantly in AI, including a recent $27 billion deal with Blue Owl Capital for financing its Hyperion data center in Louisiana [3]