Microsoft and Meta announce large staff reductions as they spend big on AI
Covered by 2 sources
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Microsoft and Meta have announced significant layoffs amid increased investments in artificial intelligence technologies. Both companies are reallocating resources to focus more on AI development while reducing their workforce.
Covered by 2 sources
- Meta is firing 8,000 people. Microsoft is paying 8,750 to leave. Both are spending the savings on AI.· The Next Web
- Microsoft offers voluntary retirement to 7% of US workers in first-ever buyout programme amid $80B AI spending push· The Next Web
- Meta targets 20 May for 8,000 layoffs as it redirects billions toward AI infrastructure· The Next Web
