S&P 500 workforce shrinks in 2025 for first time since 2016
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 —