The cuts come as Meta looks to offset rising AI infrastructure costs.

Meta will lay off 10% of its workforce, equating to about 8,000 employees, as it continues investing heavily into artificial intelligence.

The cuts come as Meta looks to offset rising AI infrastructure costs.

Meta plans to lay off 10% of its employees worldwide -- about 8,000 people -- and focus on artificial intelligence, an employee memo said Thursday.

The cuts, which employees had been expecting for weeks, will be Meta's largest layoff since 2023.

Meta has announced significant layoffs as it appears to reaffirm its commitment to investment in the AI space.

Meta said it's cutting 10% of its workforce, just as Microsoft announced that it's offering employee buyouts for the first time in its 51-year history.