April 24, 2026
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0:50Now PlayingMeta is cutting 10% of its workforce, or about 8,000 jobs, as the company pushes deeper into artificial intelligence.
The owner of Facebook and Instagram is just the latest tech firm to announce layoffs as part of a broader effort to embrace the possibilities of A.I.
Separately, Microsoft is reportedly planning to offer voluntary buyouts to thousands of U.S. employees.
It's the first time the software giant has ever offered buyouts to employees, as it looks to cut costs.
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