Meta lines up layoffs while Microsoft offers buyouts
Al Jazeera·4h ago·Neutral
What Happened
Meta is laying off approximately 8,000 workers, representing 10 percent of its workforce, to fund artificial intelligence infrastructure expansion and hiring specialized AI experts. Simultaneously, Microsoft announced voluntary buyout offers to roughly 8,750 US employees. Both tech giants cite efficiency gains and strategic AI investments as reasons for workforce restructuring amid industry-wide transformation driven by artificial intelligence infrastructure costs.
Key Entities
MetaMicrosoft8,000 layoffs8,750 buyoutsArtificial IntelligenceUS workforceTech industry