Microsoft, Meta Cut Jobs as AI Spending Increases
April 28, 2026
Microsoft, Meta cut jobs as AI spending increases as Microsoft and Meta Platforms move to reduce headcount while directing more resources toward artificial intelligence initiatives. Meta has outlined plans to eliminate approximately 8,000 roles, while Microsoft has introduced a voluntary retirement program affecting about 7% of its U.S. workforce, signaling a coordinated shift in how major technology companies allocate capital and labor. Workforce Reductions Align With AI Investment Priorities Meta’s planned job reductions represent one
