Zuckerberg ‘Admits’ Meta’s Layoffs Were Ineffective

Mark Zuckerberg, Meta’s chief executive, at a Meta town hall reported by Katie Paul and Courtney Rozen at Reuters: In retrospect, he said, the “trajectory of the agentic development over at least the last four months hasn’t really accelerated in the way that we expected,” and ​that the company’s bets on the new structure “haven’t come to fruition yet.” Zuckerberg was referring to AI agents, automated systems that can ​execute tasks on behalf of a user. Conversations he was having “with our top people” when they started planning the restructuring in January and February “were that they were worried that we weren’t going to move fast enough to adapt,” Zuckerberg said. At the time, he said, executives were “super optimistic” about tools like Claude Code from AI startup Anthropic. The self-created tragedy of Meta is that the company is loath to invent new products. Instead, Meta’s management more or less relies on “vibes” to govern its decisions, and those vibes are often either wrong or…