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Microsoft and Meta announce sweeping layoffs as they spend big on AI
Meta said it would cut 10% of it employees while Microsoft will offer voluntary retirement to about 7% of workers
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cnbc.com
Microsoft plans first-ever voluntary employee buyout for up to 7% of U.S. workforce
Microsoft's inaugural voluntary buyouts will be open to workers at the senior director level and below whose years of employment and age add up to 70 or more.
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Meta will cut 10% of workforce as it pushes more into AI
Meta will lay off 10% of its workforce, equating to about 8,000 employees, as it continues investing heavily into artificial intelligence.
