Meta Cuts 8,000 Jobs and Microsoft Offers Mass Buyouts as Big Tech Bets $650 Billion on AI in 2026.
Two of the world’s largest technology companies confirmed sweeping workforce changes this week, sending shockwaves through Silicon Valley and rattling investor confidence in the long-term stability of high-paying tech jobs. Meta, the parent company of Facebook, Instagram, and WhatsApp, announced it will eliminate approximately 10 percent of its global workforce, amounting to roughly 8,000 employees. … Read more