Dossier
125,000 workforce
Coverage of 125,000 workforce in the Nexus archive.
- Microsoft and Meta announce large staff reductions as they spend big on AI
Meta and Microsoft announced significant workforce reductions, with Meta cutting 10% of its staff (around 8,000 employees) and Microsoft offering voluntary retirement to 7% of its U.S. workforce (approximately 125,000 employees). Both companies cited AI investments as a key driver for the layoffs, aiming to boost efficiency and productivity.