Meta layoffs

Meta has begun notifying employees about a fresh round of job cuts that will affect nearly 8,000 workers globally, with staff in Singapore, one of the company’s largest Asian hubs, among the first to receive layoff notices on Wednesday morning, according to reports by Bloomberg and The Business Times. The latest layoffs are part of Facebook's parent company’s broader restructuring strategy as it ramps up spending on artificial intelligence infrastructure and AI-driven products while attempting to streamline operations and cut costs across several business units.