New Delhi, May 21 -- Meta on Wednesday laid off roughly 8,000 of its employees - about 10 per cent of its global workforce - as the company shifts its resources towards its artificial intelligence ambitions. As the axe fell on Meta employees at around 4 am, starting from Singapore, CEO Mark Zuckerberg sent a formal email to his staff, addressing the layoffs and thanking those who have been sacked for their work. The memo was also a little reassuring for those remaining after sweeping firings - more layoffs were not expected this year.

"Success isn't a given. AI is the most consequential technology of our lifetimes," Mark Zuckerberg wrote, adding, "The companies that lead the way will define the next generation," as he sought to reassure ...