Mark Zuckerberg has admitted that Meta’s AI plans, along with cutting 8000 employees, wasn’t going as well as he had hoped. Meta shares are down, morale is tanking, and the blind hope that AI would cover those jobs just hasn’t panned out. This echoes the experience of others, as we’ve noted weeks ago, who noted that shifting dollars from workers to AI is just a shell game and gives zero return on investment. It seems that the human equation is what’s needed, even in an AI world, and this was a hard lesson for Mark. Will the other C-suite executives in other companies heed this? That’s the bigger question.
At an internal Meta town hall on July 2, 2026, CEO Mark Zuckerberg told employees that AI agent development over the prior four months “hasn’t really accelerated in the way that we expected,” per a recording heard by Reuters. He added that the company’s reorganization was not as “clean” as planned and that its bets … After Laying Off 8,000 Employees, Zuckerberg Admits Meta’s AI ‘Hasn’t Really Accelerated’ As Expected
