Microsoft has offered voluntary buyouts to 60,000 employees, about 27% of its staff. Meta reported its first negative free cash flow in a decade alongside $34.9B of quarterly capex, and Alphabet has also offered voluntary exits.
Microsoft, Meta, Alphabet Cut Staff as AI Spending Hits RecordsAI News
Microsoft has offered voluntary buyouts to 60,000 employees, about 27% of its staff. Meta reported its first negative free cash flow in a decade alongside $34.9B of quarterly capex, and Alphabet has also offered voluntary exits.