The layoffs come as the Facebook parent moves thousands of workers into AI-focused teams and ramps up spending on the technology.

Facebook and Instagram's parent company has been investing huge sums of money in AI, but it lags behind competitors.

Meta Platforms Inc. is alerting thousands of employees that they’re being laid off, part of a previously announced restructuring aimed at reducing costs while the company invests heavily in artificial intelligence.

The Facebook owner is planning to lay off 10% of its employees on Wednesday, with additional deep cuts slated to come later this year.

Meta flagged the job cuts last month, and a company spokesperson said that affected employees were notified on Wednesday.

The job cuts come as the company pushes for massive AI spending and plans to transition thousands of jobs toward AI initiatives.

Thousands of Meta workers are learning on Wednesday whether they still have a job as the social media giant begins cutting 8,000 positions, representing about 10% of its global workforce. The layoffs are part of a broader corporate transition to transform Meta into an artificial intelligence company.

Gary Tay said he had worked at the company for 3,544 days, around 9 years and 9 months, after being hired in London and later working in Singapore.