The Next Web

Meta is firing 8,000 people. Microsoft is paying 8,750 to leave. Both are spending the savings on AI.

Meta and Microsoft eliminated up to 23,000 positions on the same day. Both reported record revenues. Both are redirecting the savings into AI infrastructure worth hundreds of billions.

Meta, Microsoft earnings due next week: here's what top analysts say

Meta Platforms and Microsoft will give Wall Street its most important AI test of the quarter on Wednesday, April 29, when ...

Microsoft and Meta announce large staff reductions as they spend big on AI

Meta said it would cut 10% of it employees while Microsoft will offer voluntary retirement to about 7% of workers ...

Microsoft vs. Meta: Which AI Stock Is a Better Buy Headed Into Their Earnings Reports Next Week?

While both technology giants are spending aggressively to own the artificial intelligence future, one arguably looks better ...

Meta and Microsoft announce layoffs as new AI-driven capabilities meet tech 'rightsizing'

CNBC's Julia Boorstin reports on news regarding Meta and Microsoft. Got a confidential news tip? We want to hear from you.

'I would just say keep doing': Gurugram techie after landing job at Google post Microsoft, Meta rejections

A Gurugram-based tech professional has gone viral after sharing her journey from months of unemployment to landing a job at ...

Meta set to layoff 10% of its staff as it pushes for AI

This is expected to be the first round of sweeping layoffs, set for May 20, with a second round scheduled for the second half ...

Behind Meta’s huge layoffs is a relentless shift toward AI

The social-media company has been unusually aggressive, even by the standards of Silicon Valley, at pushing to incorporate AI ...