Meta to cut 8,000 jobs, Microsoft offers buyouts to staff as AI spending costs hit Big Tech workers
Meta (META) on Thursday became the latest Big Tech company to announce layoffs as the ballooning costs of the AI build-out and efficiencies continue to hit workers in the industry. The company said it will cut 10% of its workforce, or about 8,000 employees. The news comes after a trickle of reports suggested the company…
