
Meta has made the decision to lay off a significant number of employees in India, targeting teams within ad sales, marketing, and other supporting functions. This move is part of a broader initiative that aims to reduce its global workforce by 10%, affecting over 8,000 employees worldwide as the company pivots towards enhancing its artificial intelligence (AI) capabilities. The layoffs, which have sparked considerable discussion, highlight Meta's ongoing efforts to streamline operations and direct resources toward AI-focused strategies and areas of anticipated growth. An anonymous executive shared insights with the Economic Times, revealing that affected employees received their termination notices via cold emails. These individuals are being offered severance packages ranging from four to six months' salary. Reports indicate that many employees across the globe were informed of their job loss early in the morning, with notifications arriving as early as 4 AM. This situation is still unfolding, and further updates are expected as Meta continues to navigate its restructuring plans.
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