Zuckerberg and other Meta executives have been seeking to moderate some of the organizational changes introduced earlier this year, without fundamentally changing course. The company laid off about 10% of its global workforce and reassigned roughly 7,000 employees to AI-focused teams in May, moves that prompted employee pushback and raised concerns about morale.

Meta lays off 8,000 employees while accelerating AI investment and cloud computing plans, boosting stock but raising Wall Street concerns over margins.

Meta CEO Mark Zuckerberg admits AI agent development has not accelerated as expected over the past four months, despite $65B+ annual AI infrastructure