20,000 job cuts at Meta, Microsoft raise concern that AI-driven labor crisis is here
CNBC
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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.
Meta and Microsoft cut thousands
- First Thing: Microsoft and Meta cut thousands of staff as they bet big on AI The Guardian —
- Meta to cut 10% of global workforce to offset AI spending Irish Times —
- Meta to cut 8,000 jobs as AI spending soars City AM —
- Thousands of jobs to be cut at tech giants Meta and Microsoft LBC —
- Microsoft tackles quality control issues. Just kidding, it's encouraging experienced workers to leave The Register —