Meta is cutting 8,000 jobs (10% of its workforce) to invest more in AI, while leaving 6,000 vacancies unfilled. The company expects costs to rise significantly next year due to infrastructure spending and high salaries for AI talent. Analyst Dan Ives views the cuts positively, suggesting they will streamline operations. Meanwhile, Microsoft is offering voluntary buyouts to 8,750 employees, allowing them to leave on their own terms amidst similar pressures related to AI infrastructure costs.