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Microsoft, Meta

Meta to cut 8,000 jobs, Microsoft to offer voluntary buyouts for thousands

Meta is laying off about 8,000 workers, or about 10 per cent of its workforce, the company said Thursday as it continues to ramp up spending on artificial intelligence infrastructure and highly paid A...

· 1d · on MSN

Meta, Microsoft plan cuts, buyouts that may affect 23,000 jobs

· 4h

What Microsoft buyouts, Meta layoffs signal about Big Tech in AI age

· 22h

Meta to Lay Off 10% of Employees in May

Meta Platforms META -2.44% will lay off 10% of staff, or roughly 8,000 people, in May as it seeks to streamline its operations and pay for massive investments in artificial intelligence, the company s...

· 23h

Meta will cut 10% of workforce as company pushes deeper into AI

· 1d

Meta Tells Staff It Will Cut 10% of Jobs in Push for Efficiency

22hon MSN

Meta says it will lay off 10% of its workforce

Facebook parent Meta is planning to lay off approximately 8,000 employees and eliminate another 6,000 open roles as it seeks to reduce costs.

19h

Microsoft and Meta announce large staff reductions as they spend big on AI

Meta said it would cut 10% of it employees while Microsoft will offer voluntary retirement to about 7% of workers

3don MSN

Microsoft vs. Meta: Which AI Stock Is a Better Buy Headed Into Their Earnings Reports Next Week?

While both technology giants are spending aggressively to own the artificial intelligence future, one arguably looks better positioned to thrive in today's rapidly evolving environment.

CNA

Meta plans 10% layoffs as AI spending soars: Source

Meta will lay off about 8,000 employees and leave thousands of other positions unfilled next month, the source said.