Key Takeaways
- Meta eliminated the undeleted number of roles identified within Thursday’s risk organization.
- Meta’s chief and privacy officer Michel Prottiti said routine processes can now be handled by technology, reducing the need for some roles.
- Earlier this week, Meta also laid off 600 employees from its AI division.
Meta employed 75,945 workers as of June. Now, the tech giant is reducing its ranks by laying off some workers as technology advances.
According to a business report released on Thursday, Meta is eliminating roles in risk distribution for employees due to the company’s internal automation and advances in compliance technologies.
Michel Protti, Meta’s Chief Compliance and Privacy Officer, broke the news in an internal memo that states that META is moving away from manual reviews of the product towards automated processes. Technology can now automatically manage many risk-related decisions.
“By moving from bespoke, manual reviews to a more consistent and automated process, we’ve been able to deliver more accurate and reliable match results across Meta,” he said.
Related: Meta hires entry-level staff – and most salaries start above $200,000
Standardization processes mean that technology can now manage many day-to-day risk decisions, allowing human teams to focus on “complex” and “high-impact” and “high-impact” tasks.
“As a result, we no longer need as many roles in some areas as we once did,” Photti wrote, without sharing how many positions would be eliminated.
This restructuring affects the products risk program manager, shared services, and global security and privacy (GSP) groups.
Related: Meta uses AI Chatbot conversations for AI algorithm on Facebook and Instagram
Meta press secretary Thomas Richards explained the changes, saying that the changes are “to reflect the maturity of our program and to innovate faster to maintain high compliance standards.”
Earlier this week, Meta also laid off 600 employees from its AI arm, its AI arm, in a separate effort led by Chief AI Officer Alexander. In an internal memo seen by Bi, Wang wrote that the recordings would help the company make decisions more quickly and help employees in North America be notified by Wednesday.
“By reducing the size of our team, fewer conversations will be required to make decisions, and each person will carry more weight and have more scope and influence,” Wang said. “It is not an easy decision to say goodbye to colleagues. These are extremely hard-working and talented people who contribute to our efforts.”
Related: Meta is adding AI to Facebook to help ‘get a tired match without getting tired of deleting’
In June, Meta founded Leadership Labs to work toward “Personal Superation,” or AI systems that are personalized for individuals that exceed human capabilities. The team includes poached new hires from Anthropic, Openai, Apple and others.
After the cuts, about 3,000 employees of Meta’s Laboratory Labs team, according to CNBC.
META, the last 3,600 underemployed workers, or 5% of the labor force, in February. The company is the sixth most valuable in the world, worth $1.848 trillion at the time of writing.
Related: Mark Zuckerberg Does a Better Job than Competitors Explaining AI, Helping Meta Outperform Amazon and Microsoft
Key Takeaways
- Meta eliminated the undeleted number of roles identified within Thursday’s risk organization.
- Meta’s chief and privacy officer Michel Prottiti said routine processes can now be handled by technology, reducing the need for some roles.
- Earlier this week, Meta also laid off 600 employees from its AI division.
Meta employed 75,945 workers as of June. Now, the tech giant is reducing its ranks by laying off some workers as technology advances.
According to a business report released on Thursday, Meta is eliminating roles in risk distribution for employees due to the company’s internal automation and advances in compliance technologies.
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