By reducing the size of our team, fewer conversations will be required to make a decision, and each person will be more load-bearing and have more scope and impact," Wang writes in a memo seen by Axios. The layoffs will also affect roles within its AI product and infrastructure teams, though Meta will allow impacted employees to apply for other roles within the company, Axios reports.
The reason why I believe FAIR has been so effective under my leadership is simply related to the fact we are able to spin out and this is one of the gifts I have the implications of what a policy will do over time based on past experience, how something will ramify.