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Meta and Microsoft announce layoffs as new AI-driven capabilities meet tech 'rightsizing'
CNBC Television· 2026-04-24 18:45
That doesn't mean AI is totally off the hook, however. Julia Borston has more. Julia.>> Well, Kelly, uh, what we're seeing now is the fact that in the past 24 hours, Meta and Microsoft announced a combined 23,000 job cuts. And that speaks to how tech giants are doing more with fewer workers. And that speaks to new AI efficiency, enabling each worker to do more.CEO Mark Zuckerberg said in the company's last earnings call, quote, "We're investing in AI native tooling." so individuals at Meta can get more done ...
X @The Wall Street Journal
The Wall Street Journal· 2026-04-24 05:21
Microsoft is offering long-tenured employees voluntary buyouts, a first for the software giant as it continues to reorganize staff around its push to accelerate its AI efforts https://t.co/YXdagsig4b ...
Meta to lay off 10% of company as Microsoft offers buyouts
NBC News· 2026-04-24 05:09
Two big names in tech today with major job cuts as they were ramping up their investments in AI. Meta confirming to NBC News it will lay off around 10% of the company next month and close 6,000 open roles. And Microsoft, according to multiple reports, for the first time ever, will offer voluntary buyouts to as much as 7% of its US employees. ...
X @Cointelegraph
Cointelegraph· 2026-04-24 00:00
🚨 LATEST: Meta and Microsoft are cutting thousands of jobs as both companies ramp up AI spending.Meta trims 10% of staff and Microsoft offers voluntary retirement to 7% of its workforce. https://t.co/rdOG8BjbTD ...
Microsoft looked at buying Cursor before SpaceX deal, sources say
CNBC Television· 2026-04-23 18:47
Before SpaceX bought Cursor, the AI coding startup, Microsoft looked at it first. Our Kate Rooney scooped that story and has the details in today's tech check. Kate, why' they pass, Kelly.Well, we'll get to that. And that actually is sort of an unknown here. We know they passed.We're not exactly sure why or what the financials look like, but it does turn out that SpaceX was not the only company that wanted to buy this AI startup. We're talking about cursor. Sources now telling me that Microsoft did look at ...
X @The Wall Street Journal
The Wall Street Journal· 2026-04-23 18:04
Microsoft is offering long-tenured employees voluntary buyouts, a first for the software giant as it continues to reorganize staff around its push to accelerate its AI efforts https://t.co/sYFlICHFYO ...
X @BSCN
BSCN· 2026-04-23 17:29
MICROSOFT OFFERS FIRST-EVER VOLUNTARY BUYOUTS TO ~7% OF US WORKFORCE AS AI CAPEX PRESSURE MOUNTS@Microsoft announced a voluntary retirement program on Thursday covering approximately 7% of its 125,000 US workforce, or roughly 8,750 employees. It is the first buyout offer in the company's 51-year history.Eligibility requires an employee to be senior director level or below with a combined age and years of service totaling at least 70. A 52-year-old with 18 years at Microsoft qualifies. Sales incentive plan w ...
X @Bloomberg
Bloomberg· 2026-04-23 15:36
Microsoft is offering voluntary retirement to thousands of its employees in the US. https://t.co/1sImkmpcYl ...