RT Business24/4/2026BusinessRussia
Meta, Microsoft to Cut Up to 10% of Staff Amid AI Investment Costs
Meta to lay off ~8,000 employees starting May 20; Microsoft offers voluntary redundancy to 7% of US workforce
En resumen
- Meta and Microsoft announce major workforce reductions as both tech giants invest heavily in AI infrastructure.
- Meta plans to cut ~8,000 jobs starting May 20, while Microsoft offers voluntary redundancy to 7% of its US staff.
- Both companies are spending billions on AI development, with Meta committing $115-135 billion and Microsoft $140 billion in capital expenditure for 2026.
Resumen generado por IA
Tamaño de fuente
Meta and Microsoft announce major workforce reductions as both tech giants invest heavily in AI infrastructure. Meta plans to cut ~8,000 jobs starting May 20, while Microsoft offers voluntary redundancy to 7% of its US staff. Both companies are spending billions on AI development, with Meta committing $115-135 billion and Microsoft $140 billion in capital expenditure for 2026.
Temas relacionados
This article was originally published by RT Business.
