Browsing: workforce restructuring

Meta begins global layoffs affecting about 10 percent of staff as AI spending, data center costs and team restructuring reshape operations.

Meta cut several hundred jobs in a new restructuring round as the company maintained heavy 2026 AI infrastructure spending and kept workforce changes in focus.

Microsoft CEO Satya Nadella calls layoffs the “enigma of success” as the company cuts 15,000 jobs despite record profits and $80 billion in AI investment.