Tag: Big Tech
9 articles tagged Big Tech
Tech Layoffs Hit 165,000 as AI 'Experiment' Reshapes Work
Microsoft, Amazon, Block and Oracle have cut tens of thousands of jobs in the last year, blaming AI — but researchers say much of it may be 'AI-washing'.
Meta begins laying off 700 staff as AI spending hits $167 billion
Meta has started cutting around 700 roles across Reality Labs, social media, and recruitment as the company redirects resources toward AI infrastructure and datacenter expansion.
Big Tech Races to Fund $660bn AI Spending Spree
Alphabet, Amazon, and Meta plan over $660bn in AI infrastructure spending this year, forcing tough choices between shareholder returns, cash reserves, and new debt.
