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Meta & Microsoft Trim Workforces Amid AI Cost Surge
Description
Meta and Microsoft are trimming their workforces, with Meta cutting eight thousand jobs and Microsoft offering voluntary buyouts to potentially seven percent of employees. This is due to massive investments in AI infrastructure, with both companies pouring billions into data centers and cloud services. Analysts see this as a smart pivot, allowing companies to run leaner while still leveraging AI. Microsofts buyout program is a first in its history, offering eligible staff control over their next chapter. Expect more streamlining across tech as companies balance huge upfront costs with sharper operations in the AI era.
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