Economic Times Tech
7/3/2026
Meta's Mark Zuckerberg says AI agent tech progressing slower than expected
Short summary
Meta shifted 7,000 employees to AI teams after a May 10% workforce reduction, with Zuckerberg admitting AI agent development is advancing slower than expected. Employee pushback has created morale challenges. Meta is moderating organizational change while reaffirming its long-term commitment to AI-driven product development.
- •Meta shifted 7,000 staff to AI teams following May 10% layoffs
- •Zuckerberg: AI agent progress is slower than initially expected
- •Employee morale concerns amid rapid organizational restructuring
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