India, May 20 -- Tech giant Meta has begun its latest round of layoffs, eliminating around 8,000 employees - roughly 10% of its global workforce - according to media reports.

Employee notifications are being issued in three waves at 4 a.m. local time on May 20 across different regions, Business Insider reported, citing an internal memo from Meta HR chief Janelle Gale to an employee resource group.

The restructuring comes as the company ramps up multi-billion-dollar investments in artificial intelligence. Meta, which is believed to have about 78,000 employees prior to the cuts, is also reportedly planning to shift more than 7,000 staff into AI-focused initiatives.

Employees outside the U.S. are expected to receive similar benefits, adju...