Meta is firing 8,000 people. Microsoft is paying 8,750 to leave. Both are spending the savings on AI.
The Next Web
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Meta announced layoffs affecting 8,000 employees while Microsoft is offering voluntary buyouts to 8,750 staff. Both companies plan to redirect the resulting cost savings towards investments in artificial intelligence.
- Microsoft and Meta announce large staff reductions as they spend big on AI· 2 sources
- 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
