Meta Stock: The Secret Plan to Replace Workers With AI That Blew Up in Meta’s Face
TLDR
- Meta’s secret “Project OT” planned to cut some teams by up to 60% in two waves to create an “AI native” workforce
- Zuckerberg called off the second wave of cuts just hours before the first layoff on May 20, after staff revolted
- AI agent technology failed to deliver expected productivity gains, with major incidents spiking 40%
- Meta eventually cut 10% of its workforce in May, with Zuckerberg promising no further company-wide layoffs this year
- Meta plans to spend at least $130 billion on AI infrastructure in 2026, which analysts say will consume its full operating cash flow
Meta Platforms (META) had a plan to gut its workforce in the name of AI. It didn’t go as expected.
Reuters revealed Tuesday that Meta quietly developed “Project OT,” short for Organization Transformation, a sweeping internal restructuring plan hatched at Zuckerberg’s Hawaii compound in January. The plan aimed to make Meta “AI native,” with AI agents handling much of the daily work currently done by humans.
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