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20,000 job cuts at Meta, Microsoft raise concern that AI-driven labor crisis is here
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CNBC24/4/2026Business

20,000 job cuts at Meta, Microsoft raise concern that AI-driven labor crisis is here

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Meta said it's cutting 10% of its workforce, just as Microsoft announced that it's offering employee buyouts for the first time in its 51-year history.

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This article was originally published by CNBC.

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