{"id":14539,"date":"2026-04-23T19:31:15","date_gmt":"2026-04-23T19:31:15","guid":{"rendered":"https:\/\/www.europesays.com\/ai\/14539\/"},"modified":"2026-04-23T19:31:15","modified_gmt":"2026-04-23T19:31:15","slug":"meta-to-cut-8000-jobs-microsoft-offers-buyouts-to-to-staff-as-ai-spending-costs-hit-big-tech-workers","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/ai\/14539\/","title":{"rendered":"Meta to cut 8,000 jobs, Microsoft offers buyouts to to staff as AI spending costs hit Big Tech workers"},"content":{"rendered":"\n

Meta (META<\/a>) on Thursday became the latest Big Tech company to announce layoffs as the ballooning costs of the AI build-out and efficiencies continue to hit workers in the industry.<\/p>\n

The news comes after a trickle of reports suggested the company was planning a sweeping wave of job cuts this spring.<\/p>\n

\"FILE Meta is cutting 10% of its workforce. (Reuters\/Carlos Barria\/File Photo) \u00b7 Reuters \/ REUTERS <\/p>\n

Microsoft (MSFT<\/a>) will also offer voluntary buyouts to some employees as the company joins many of its Big Tech peers in seeking ways to control costs amid their AI spending sprees.<\/p>\n

According to a source familiar with the matter, roughly 7% of Microsoft\u2019s US employees, senior directors or below, can take part in the buyouts if their years at the company plus their age add up to at least 70.<\/p>\n

\"FILE Microsoft will reportedly offer voluntary buyouts to some employees. (Reuters\/Gonzalo Fuentes\/File Photo) \u00b7 REUTERS \/ REUTERS <\/p>\n

This program will mark a first for Microsoft, which also laid off thousands of workers in 2025. Microsoft\u2019s peers have made similar moves over the last year. Amazon (AMZN<\/a>), Google (GOOG<\/a>, GOOGL<\/a>), Meta, and Oracle (ORCL<\/a>) have also laid off employees at various points.<\/p>\n

All four companies are also spending billions to construct data centers and develop AI models. Amazon, Google, Meta, and Microsoft alone will spend some $650 billion on capital expenditures in 2026.<\/p>\n

The layoffs also follow years of job cuts at tech companies after they dramatically expanded their workforces during the pandemic.<\/p>\n

Microsoft stock, which fell about 4% on Thursday, is down about 15% this year, a laggard among the \u201cMagnificent Seven\u201d tech leaders. Meta stock is roughly flat this year.<\/p>\n

\"Sign<\/a> Sign up for Yahoo Finance’s Week in Tech newsletter. \u00b7 Yahoo Finance <\/p>\n

Email Daniel Howley at dhowley@yahoofinance.com<\/a>. Follow him on X at @DanielHowley<\/a>.<\/p>\n

Click here for the latest technology news that will impact the stock market<\/a><\/p>\n

Read the latest financial and business news from Yahoo Finance<\/a><\/p>\n