Don Lair at 24/7 Wall St reports Mark Zuckerberg told 8,000 Meta Employees in early May that their jobs were a casualty of the company’s AI (Artificial Intelligence) infrastructure budget. And Amazon has cut roughly 30,000 roles in the last five months. Microsoft has shed about 125,000 through “voluntary” departures. And Alphabet is in the middle of an ongoing 1,500. The headlines compress into a single phrase: AI is taking jobs.
To Continue Reading This Labor News Report, Go To: Tens of Thousands of Tech Workers Are Being Laid Off in 2026. The $725 Billion That Replaced Them Is Going to Four Companies.