India, April 24 -- Tech major Meta is planning to lay off roughly 10% of its workforce - around 8,000 employees - joining the growing list of major companies cutting jobs amid the rising influence of artificial intelligence.

The company is also set to close nearly 6,000 open roles, according to a memo by Janelle Gale, Meta's Chief People Officer, published by Bloomberg and confirmed by CNN.

The layoffs are expected to take effect on May 20.

"We're doing this as part of our continued effort to run the company more efficiently and to allow us to offset the other investments we're making," Gale wrote in the memo as quoted by CNN.

Amid reports of the layoffs, Meta's shares fell more than 2% on Thursday.

In November 2022, Meta cut 11,000 ...