This article first appeared on GuruFocus.
Meta Platforms (NASDAQ:META) has hit pause on hiring in its artificial intelligence division, just months after a big recruitment spree that saw more than 50 researchers and engineers brought on board. Some hires reportedly received compensation packages worth up to $100M, underscoring the intensity of the talent battle.
The freeze, which began last week, also blocks internal transfers, leaving employees uncertain about when or if hiring will restart. Meta hasn’t given a timeline but framed the pause as routine organizational planning tied to budgeting and the rollout of its new superintelligence division.
Under its restructuring, Meta has carved AI into four groups: a superintelligence lab, AI products, AI infrastructure, and long-term research. The move follows months of aggressive poaching from rivals including Google, Apple, and Anthropic, as well as attempts to lure leaders from OpenAI. Shares slipped 0.5% Tuesday.
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