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Meta cuts 8,000 jobs as AI spending surges and efficiency drive accelerates

In the latest round of tech industry job cuts, Meta is laying off about 8,000 workers and Microsoft is offering buyouts to a similar number. Meta is laying off about 8,000 workers, or about 10% of its workforce, the company said Thursday as it continues to ramp up spending on artificial intelligence infrastructure and highly paid AI-expert hires. The company said it was making the cuts fo... [1904 chars]

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