Meta is set to have layoffs starting off the year, and this is to expand more of their AI development as per its CEO.

Bloomberg reviewed the internal memo explaining the cuts, which was posted to Meta's internal Workplace forum Tuesday. In it, Zuckerberg confirmed that Meta was shifting its strategy to "move out low performers faster" so that Meta can hire new talent to fill those vacancies this year.

Mark Zuckerberg is taking aim at Meta's low performers. The CEO told employees to prepare for an "intense year" in an internal memo announcing staff cuts.

Meta's recently announced cuts come after several restructuring efforts by the social media giant in recent years.