The AI effect: Meta slashes 8000 jobs, Microsoft set for redundancies
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Source: The Age
Published: 2026-04-24 08:41 UTC+10:00
Section: Business / Companies
Factuality Score: 100
Opinion Category: Neutral
Topics: Transport, Technology & AI, Labour & Workers, Tax & Budget, Business & Economy, Technology
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Snippet:
Meta is laying off about 8000 workers, or about 10 per cent of its workforce, the company said as it continues to ramp up spending on artificial intelligence infrastructure and highly paid AI-expert hires.
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