business / news / / CP24 Toronto
Meta is laying off about 8,000 workers, or about 10 per cent of its workforce.
Meta is laying off around 8,000 workers, representing approximately 10 percent of its workforce.
KEY POINTS
- 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
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