7 News
·general
·4 hours ago
Meta and Microsoft slash thousands of jobs amid rise of artificial intelligence
Meta announced on Thursday it would lay off about 8,000 employees, or 10 percent of its workforce, to increase efficiency and invest in artificial intelligence. Microsoft is also offering voluntary buyouts to approximately 8,750 U.S. workers, reflecting the ongoing upheaval in the tech industry that emphasizes the need for AI investments and cost reductions.
Summary by Glance · 7 News
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