Meta will lay off more than 100 employees in Israel as part of a global workforce reduction affecting about 10 percent of its staff worldwide. The company is also transferring around 200 employees in Israel, roughly 20 percent of its local workforce, to new roles focused on artificial intelligence development.

The restructuring includes the removal of several dozen mid level management positions as the company seeks to streamline operations and reduce managerial layers. The move follows earlier announcements of thousands of global layoffs and internal reassignments tied to artificial intelligence initiatives.

Further job cuts may take place later this year, with another round of reductions reportedly under consideration ahead of the company’s annual Connect conference. Despite investor pressure to prioritize its core advertising business, Meta plans to invest more than 100 billion dollars in capital expenditures this year, largely directed toward artificial intelligence and metaverse technologies.