New Delhi, May 20 -- Meta Platforms, the parent company of Facebook and Instagram, has started alerting thousands of employees across the globe that they are being sacked.

This latest round of job cuts is expected to hit Meta's engineering and product teams in particular and additional layoffs could come later in the year, Bloomberg reported citing people familiar with the company's plans.

The Mark Zuckerberg-led company had announced plans to cut roughly 8,000 roles globally as part of restructuring aimed at reducing costs and driving productivity through AI-led automation.

The announcement followed Meta's commitment of more than $100 billion to capital expenditures towards artificial intelligence (AI). the day before, Meta informed s...