Facebook parent company Meta is to cut 10% of its global workforce, which would equate to approximately 8,000 staff.
It is not yet known what impact the layoffs will have on the company's Irish operation which employs around 1,800 people.
A spokesperson for Meta Ireland did not comment on the details of the job cuts but confirmed the accuracy of a Bloomberg article which first reported the global layoffs.
The job cuts were outlined in a memo to staff which also stated that the company will not fill thousands of open jobs it had been hiring for.
The cuts come as Meta increases spending on artificial intelligence (AI).
Last month it emerged that 15 jobs were under threat at the company's Irish operation linked to the adoption of AI.
Meta CEO Mark Zuckerberg has previously said that 2026 would be the year that AI starts to dramatically change the way the company works, with investments in AI tools that would involve "flattening teams".
"We're starting to see projects that used to require big teams now be accomplished by a single very talented person," Mr Zuckerberg said in January.
Irish-based Meta staff were impacted by a redundancy announcement in January last year, when the company said it would cut around 5% of its "lowest performing" staff globally.
The company previously cut around 840 jobs in Ireland with rounds of redundancies in November 2022 and again in May 2023.
