[BIG TECH]■ STORY TIMELINE
META CUTS 10% WORKFORCE AS AI SPENDING SURGE BEGINS
Meta is laying off approximately 8,000 employees, or 10% of its workforce, as the company redirects resources toward artificial intelligence development. The cuts are part of a broader tech industry shift affecting tens of thousands of workers.
Bloomberg Tech+0m
Meta and Microsoft are planning layoffs or announcing buyouts that could affect as many as 23,000 jobs as they pivot spe…