Meta to cut 8,000 jobs, Microsoft to offer voluntary buyouts for thousands

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Blue lettering spells out the word Meta on a black background.https://i.cbc.ca/ais/50d62a67-21ba-4d27-ac94-ae4d259da2e2,1777024624437/full/max/0/default.jpg?im=Crop%2Crect%3D%280%2C157%2C6263%2C3522%29%3BResize%3D%28620%29" title="A Meta logo is shown on a video screen at LlamaCon 2025, an AI developer conference, in Menlo Park, Calif., Tuesday, April 29, 2025." width="620" />

Meta is laying off about 8,000 workers, or about 10 per cent of its workforce, the company said Thursday as it continues to ramp up spending on artificial intelligence infrastructure and highly paid AI-expert hires.

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