Meta, Microsoft Cuts Could Hit 23,000 Jobs
Meta and Microsoft are planning layoffs or announcing buyouts that could affect as many as 23,000 jobs as they pivot spending to artificial intelligence.
Bloomberg’s Brody Ford and Riley Griffin join Ed Ludlow on “Bloomberg Tech” to break down the wider impact the cuts could have on the tech workforce. (Source: Bloomberg)
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 —