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Summary: Meta signed a multibillion-dollar, multi-year deal to deploy tens of millions of Amazon’s Graviton5 ARM CPU cores in AWS data centres for agentic AI workloads. The chips are general-purpose processors, not AI accelerators, handling the CPU-intensive inference and orchestration tasks behind real-time reasoning and multi-step agents. The deal is one piece of a procurement […]
Summary: Meta and Microsoft announced workforce reductions on the same day, April 23, affecting up to 23,000 positions combined. Meta is cutting 8,000 jobs (10% of staff) and cancelling 6,000 open roles effective May 20, while Microsoft launched its first-ever voluntary retirement programme offering buyouts to up to 8,750 US employees whose age plus years […]
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- Meta told staff on Thursday that it planned to eliminate 10% of its workforce.
- Inside the company, employees are bracing for weeks of limbo as they wait to find out who will be cut.
- Meta employees responded internally with a mixture of questions, concerns, and jokes.
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The AI gold rush is pulling workers into startups as layoffs and RTO push them out of corporate jobs
David Chong (left), Alyson Isaacs (center), and Taylor LaSane (right)
Summary: Meta is cutting approximately 8,000 employees (10% of its workforce) beginning 20 May, cancelling 6,000 open roles, and planning additional cuts for H2 2026. The layoffs, announced via an internal memo from HR head Janelle Gale, are structural rather than performance-based, reorganising teams into AI-focused “pods” while Meta spends $115-135 billion on AI infrastructure […]