Business

Microsoft and Meta are laying off tens of thousands of employees. “This is just the beginning”


Alphabet (Google), Microsoft, Meta and Amazon alone will spend a total of almost $700 billion this year. for the development of AI infrastructure. The same companies, to meet the growing demand for AI services, seek to increase AI efficiency by reducing employment. They are looking for money for investments, among others: in cutting employee costs.

Meta (Facebook, Instagram) informed employees in a memo on Thursday that it plans to lay off 10 percent. its workforce, which corresponds to approximately 8,000 jobs. The reductions will begin on May 20, “part of our ongoing efforts to run the business more efficiently and enable us to offset other investments.” According to the note, the company also abandons plans to fill 6,000 vacancies. This gives a total of PLN 14,000. potentially fewer jobs on the market.

Ashley Davis

I’m Ashley Davis as an editor, I’m committed to upholding the highest standards of integrity and accuracy in every piece we publish. My work is driven by curiosity, a passion for truth, and a belief that journalism plays a crucial role in shaping public discourse. I strive to tell stories that not only inform but also inspire action and conversation.

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