Meta slashes 8,000 jobs, or 10% of its workforce, as Microsoft offers buyouts
Meta is laying off about 8,000 workers, or about 10% of its workforce, the company said Thursday as it continues to ramp up spending on artificial intelligence infrastructure and highly paid AI-expert hires. The company said it was making the cuts for the sake of efficiency and to allow new investments in parts of its business, as first reported by Bloomberg, which also said the company will leave about 6,000 jobs unfilled. Also Thursday, Microsoft said it was offering voluntary buyouts to of...
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