Meta says it will cut 8,000 jobs as AI spending grows BBCMicrosoft and Meta announce large staff reductions as they spend big on AI The GuardianExclusive: Meta targets May 20 for first wave of layoffs; additional cuts later in 2026 ReutersMeta to cut 8,000 jobs, Microsoft offers buyouts to to staff as AI spending costs hit Big Tech workers Yahoo FinanceMeta Tells Staff It Will Cut 10% of Jobs in Push for Efficiency Bloomberg.com