TREE NEWS update: Reuters reports that Meta’s internal ‘Project OT’ to become AI-native, which could cut some team sizes by up to 60%, hit turbulence. CEO Mark Zuckerberg halted the second wave of layoffs in May, but still cut ~10% of staff, while internal data shows code changes up 220% but user-facing features only up 36%, and major incidents up 40%. Employee sentiment dropped from 74% to 55%.
Reuters: Zuckerberg’s AI-First Overhaul Hits Snags, Layoffs Paused
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