Meta planned to cut some teams by 60% and replace the work with AI

Meta’s “Project OT” planned two layoff waves in May and November to cut up to 60% of targeted teams and replace work with AI agents. After canceling the November wave on May 19, the company eliminated roughly 8,000 jobs (≈10% of staff) and moved 7,000 employees into AI-focused roles. Internal data showed AI agents boosted code changes by 220% while raising technical incidents 40% and increasing firefighting effort 70%.