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

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…

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, Microsoft to trim workforces due to AI spending

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Meta to lay off 10% of its workforce as its AI investments surge

The tech giant said in an internal memo on Thursday that the planned dismissals will allow it to operate more efficiently while it increases AI spending.

Meta, Microsoft cut jobs for AI push — or is it something else?

Microsoft and Meta are both cutting jobs this week, tying the moves to artificial intelligence as they reshape their workforces — though it’s not clear AI is the only driver. Meta cutting jobs  Meta says it will lay off about 10% of its workforce — roughly 8,000 workers — next month, as it shifts spending toward major investments in AI. According to The Wall Street Journal, the company told employees the cuts are aimed at improving efficiency an…

Meta slashes 10% of workforce

Meta informed staff this week that it will cut 10 percent of workers as it invests billions into artificial intelligence products.