Two of the world's biggest tech companies are shrinking their headcounts — Meta through layoffs, Microsoft through buyouts — as the AI spending race heats up.
Meta axes 8,000 jobs to fund AI spending spree, Microsoft to follow suit
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Story Timeline
Thu 13:15 - Seeking Alpha
Microsoft: The Dumbest Sell-Off In Big Tech - Seeking Alpha
Thu 14:53 - Morningstar
Going Into Earnings, Is Microsoft Stock a Buy, a Sell, or Fairly Valued? - Morningstar
Thu 15:15 - CNBC
Microsoft plans first-ever voluntary employee buyout for up to 7% of U.S. workforce - CNBC
Thu 16:33 - Washington Examiner
Microsoft offers early retirement buyout as company invests heavily in AI
Thu 17:09 - Yahoo Finance
Microsoft offering buyouts to employees, ServiceNow stock sinks - Yahoo Finance
Thu 18:16 - The Hacker News
UNC6692 Impersonates IT Helpdesk via Microsoft Teams to Deploy SNOW Malware - The Hacker News
Thu 18:27 - Yahoo Finance
Meta to cut 8,000 jobs, Microsoft offers buyouts to to staff as AI spending costs hit Big Tech workers - Yahoo Finance
Thu 21:23 - The Guardian
Microsoft and Meta announce large staff reductions as they spend big on AI - The Guardian
Thu 22:11 - Al Jazeera English
Meta lines up layoffs while Microsoft offers buyouts
Thu 22:31 - Electrek
This solar farm almost stalled – Microsoft suppliers helped save it - Electrek
Fri 00:12 - France 24
Meta to cut workforce by ten per cent as artificial intelligence spending surges
Fri 03:54 - DW All
Meta, Microsoft purge jobs amid AI build-up
Fri 03:54 - DW Top
Meta, Microsoft purge jobs amid AI build-up
Fri 04:37 - Sky News (UK)
Microsoft and Meta to cut thousands of jobs
Fri 05:54 - SvD (SE)
Meta lays off 8,000 employees
Fri 07:48 - Euronews
Meta axes 8,000 jobs to fund AI spending spree, Microsoft to follow suit
Fri 07:48 - Yahoo Finance Australia
Meta axes 8,000 jobs to fund AI spending spree, Microsoft to follow suit - Yahoo Finance Australia