At a company‑wide town hall, Meta’s chief executive explained that the speed of building AI agents has fallen short of internal expectations, prompting a reassessment of recent workforce changes. Earlier in the year the firm eliminated roughly 8,000 positions—about ten percent of its corporate staff—and transferred around 7,000 employees into AI‑focused groups such as the Agent Transformation team, according to Bloomberg. He said the layoffs were messier than planned and were driven by senior leaders’ concern that the company might fall behind broader industry shifts. While noting that the anticipated advantages of the AI‑centric restructuring have not yet materialized, he expressed confidence that measurable benefits will appear within the next three to six months. Reuters reports Meta intends to spend up to $145 billion on AI infrastructure this year.