India, May 20 -- Mark Zuckerberg's Meta, which owns several social media giants like Facebook and WhatsApp, is laying off 8,000 employees, with thousands of employees being notified.

According to the company, the layoffs are a part of a restructuring aimed at improving efficiency and reducing costs while investing heavily in artificial intelligence (AI).

The company began notifying workers around the world on Wednesday morning, starting with employees in the Asian hub Singapore, who got the note at 4 am local time, Bloomberg reported. European and US-based staff are expected to receive word early in their time zone as well, according to an internal memo.

Staff are being encouraged to work from home while the company cuts roughly 8,000 ...