Meta Platforms is laying off approximately 8,000 employees globally as part of a restructuring to boost efficiency and reduce costs, while simultaneously investing heavily in artificial intelligence. This latest round of cuts primarily impacts engineering and product teams, with some workers are being reassigned to new AI-focused initiatives.

Two teams are aimed at developing AI agents that can autonomously carry out tasks currently performed by human staff. Read more at straitstimes.com. Read more at straitstimes.com.

It will transfer 7,000 staff to AI initiatives, eliminate managers. Read more at straitstimes.com. Read more at straitstimes.com.

Meta starts fresh global layoffs affecting thousands as Zuckerberg pushes aggressive AI investments and major workforce restructuring plans.