Meta is firing 8,000 people. Microsoft is paying 8,750 to leave. Both are spending the savings on AI.
The Next Web
Read full postMeta announced layoffs affecting 8,000 employees while Microsoft is offering voluntary buyouts to 8,750 staff. Both companies plan to redirect the resulting cost savings towards investments in artificial intelligence.

- Meta is cutting 8,000 jobs to pay for AI. It is also asking the survivors to train their replacements.· 2 sources
- Microsoft offers voluntary retirement to 7% of US workers in first-ever buyout programme amid $80B AI spending push· The Next Web
- Meta targets 20 May for 8,000 layoffs as it redirects billions toward AI infrastructure· The Next Web


