Meta Platforms Inc: CEO Mark Zuckerberg, who promised in February that 2023 would be Meta s "year of efficiency," told analysts on a conference call on Wednesday that he was pleased with the company s progress on that front.
If the cuts are deep, they could hamper Chief Executive Mark Zuckerberg s project to build augmented and virtual reality products enabling access to a set of immersive virtual worlds known as the "metaverse," particularly the AR glasses that he has predicted "will redefine our relationship with technology."
Yee Jiun Song, Meta s vice president of engineering, will take over her role, and the company will continue its efforts to develop its own AI hardware, one of the sources said.
Meta: "Obviously, if you have more than 100 million people sign up, ideally it would be awesome if all of them or even half of them stuck around. We re not there yet," he said.