Meta said it will lay off about 8,000 employees, or roughly 10% of its workforce, as it increases spending on artificial intelligence infrastructure and hiring, The Associated Press reported.
The company said the cuts are aimed at improving efficiency and enabling new investments, and it plans to leave around 6,000 positions unfilled.
The layoffs come as Meta expects a significant rise in expenses, projecting 2026 costs between $162 billion and $169 billion, driven largely by AI infrastructure and compensation for specialized talent.
Separately, Microsoft said it will offer voluntary buyouts to thousands of U.S. employees. The company plans to extend the offers in early May to about 8,750 workers, or around 7% of its U.S. workforce, according to people familiar with the matter.
The move is seen as an alternative to layoffs, though it reflects broader industry pressures linked to rising investment in AI. Microsoft has been expanding its global network of data centers to support cloud services, AI systems and tools such as its Copilot assistant.
