Meta Platforms has begun laying off around 8,000 employees as part of a major restructuring aimed at accelerating its artificial intelligence push. The company is also shifting thousands of roles into AI-focused teams while significantly increasing investment in AI infrastructure and data centres.
The tech industry across the world is in a state of turbulence. Lay-offs and hiring freezes have become buzzwords as technology giants — from Facebook, Twitter and Google to Amazon and Microsoft — have been sacking their employees in large numbers. The plight of Indian workers in the United States on H-1B visas is particularly […]