Meta and Microsoft eliminated up to 23,000 positions on the same day. Both reported record revenues. Both are redirecting the savings into AI infrastructure worth hundreds of billions.
Meta is laying off 10% of its workforce starting 20 May, with more cuts planned for H2 2026, while spending up to $135B on AI infrastructure and awarding executives $921M stock options.
Meta on Tuesday became the first Big Tech company to directly address the shortage, launching LevelUp, a free four-week ...
Meta and Microsoft are implementing job cuts and buyouts to manage costs associated with significant investments in ...
Meta launches free LevelUp program to train fibre technicians for data centres, addressing skill gaps amid AI growth and ...
Meta and Microsoft are eliminating or freezing up to 23,000 positions as both companies redirect billions into AI infrastructure. Meta will cut 8,000 jobs and scrap 6,000 vacancies, while Microsoft is ...
By co-designing next-generation MTIA hardware, both companies aim to support a multi-gigawatt rollout of AI compute capacity ...
Meta is reportedly tracking employee keystrokes and activity on work devices to train AI systems, raising concerns over ...
Facebook and Instagram owner Meta employs around 1,800 staff in the Republic ...
Meta Platforms and CBRE have announced a multi-year training initiative aimed at addressing workforce shortages in data ...