Microsoft and Meta announce large staff reductions as they spend big on AI
Meta is cutting 10% of its workforce and leaving 6,000 roles unfilled as it shifts more spending to artificial intelligence.
- On Thursday, Meta announced it is laying off about 8,000 workers, or about 10% of its workforce, to ramp up spending on artificial intelligence infrastructure and highly paid AI-expert hires.
- Microsoft, based in Redmond, Washington, said Thursday it will offer voluntary buyouts to about 8,750 people, or 7% of its U.S. workforce, according to chief people officer Amy Coleman.
- Meta warned investors that 2026 expenses will range from $162 billion to $169 billion, while Bloomberg reported the company intends to leave about 6,000 jobs unfilled to improve efficiency.
- While distinct from layoffs at peers like Oracle, the strategy involves cutting costs to fund AI-expert talent, reflecting broader industry upheaval requiring huge spending on artificial intelligence.
- Wedbush analyst Dan Ives welcomed the reductions, noting a strategy of using AI tools to automate tasks allows companies to streamline operations while maintaining productivity despite rising costs.
315 Articles
315 Articles
Meta reboots the work alarms because it will fire 10% of its staff, about 8,000 employees, in full AI fever. It's the symptoms...
SCIENCE & TECH: Meta to ax 8,000 jobs as Zuckerberg doubles down on AI and white-collar bloodbath picks up
Mark Zuckerberg-led Meta has confirmed it plans to slash about 8,000 jobs — roughly 10% of its workforce — informing employees of the sweeping cuts on Thursday. The Facebook parent disclosed the layoffs in a staff memo, signaling that the company is moving ahead with a massive workforce reduction as it pours billions into artificial intelligence. The cuts were expected to take effect May 20, with another 6,000 open roles that Meta previously pla…
Microsoft Offers Buyouts, Meta Lays Off 10 Percent of Workforce - The Thinking Conservative News
Microsoft will offer voluntary buyouts to some of its U.S. staff as the software titan adapts to the artificial intelligence (AI) climate. The post Microsoft Offers Buyouts, Meta Lays Off 10 Percent of Workforce appeared first on The Thinking Conservative News.
Meta to cut 10% of workforce in pivot to AI
What happenedMeta said Thursday it will cut about 8,000 jobs, or 10% of its workforce, as it shifts resources to artificial intelligence. In a company memo, Chief People Officer Janelle Gale said the social media behemoth would also close 6,000 open positions “as part of our continued effort to run the company more efficiently” and “offset the other investments we’re making.”Who said whatCEO Mark Zuckerberg is “reorganizing his company around AI…
Coverage Details
Bias Distribution
- 40% of the sources are Center
Factuality
To view factuality data please Upgrade to Premium
