# Meta is laying off about 8,000 workers, or about 10 per cent of its workforce.

*business · news · 2026-04-23 · CP24 Toronto*

## Key points

- Meta is laying off around 8,000 workers, representing approximately 10 percent of its workforce.
- Microsoft will offer voluntary buyouts to about 8,750 U.S. employees, or 7 percent of its U.S. staff.
- Microsoft's buyout offers are set for early May, as revealed by sources familiar with the plan.
- Industry-wide job cuts and buyouts are linked to major spending on AI and data center infrastructure.

**Companies:** Meta, Microsoft
**Countries:** United States

[Read the full story on CP24 Toronto](https://www.cp24.com/news/money/2026/04/23/meta-slashes-8000-jobs-or-10-of-its-workforce-as-microsoft-offers-buyouts/)

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