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23K roles at risk as Meta & Microsoft cut jobs, offer buyouts amid AI push (opens in new tab)

Both tech firms outlined cost-cutting plans in separate internal memos dated Apr 23 Meta and Microsoft are taking significant steps to reduce their workforces as they streamline operations and manage the rising costs of artificial intelligence (AI) investments, according to recent media reports. In an internal memo dated Apr 23, Meta said it plans to […]

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