Gerstner states Meta cut from 87,000 to 62,000 employees and reorganized around AI in February 2023.
“They went from 87,000 employees to 62,000 employees in October of 'twenty two. They reorganized the company around AI starting in February of 'twenty three.”
Gerstner notes Meta reduced headcount from 87,000 to 67,000 since his letter in Q3 2022.
“When we wrote that letter in q three of twenty two, the head count at this company was 87,000 people. As of this quarter, it was 67,000 people.”