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Meta froze hiring in its AI division last week, halting both external hires and internal transfers.
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Exceptions to the freeze require approval from Meta’s Chief AI Officer, Alexandr Wang.
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A spokesperson framed the move as part of organizational planning and yearly budgeting.
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Meta recently hired over 50 AI researchers and engineers, often offering massive compensation packages.
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The company has been a leader in the AI talent war, even executing “reverse acquihires” to capture startup talent.
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Analysts have raised concerns about the cost of Meta’s aggressive AI hiring, particularly stock-based compensation.
This article was written by Arno V Venter at investinglive.com.
