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Meta Lays Off 8,000, Microsoft Offers 7% Early Retirements

4/28/2026

Summary

Story summary

On Thursday, April 27, 2026, Meta Platforms announced layoffs of 8,000 employees, 10% of its staff, saying the cuts offset AI investments of $115 billion to $135 billion for 2026.
Meta shares fell about 2.3% after the layoff, staying below prior levels.
Microsoft offered early retirement to 7% of its U.S. workforce, its first-scale program of this type.
Microsoft shares dropped about 4% after the retirement offer, remaining below previous closing prices.

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Story summary

On Thursday, April 27, 2026, Meta Platforms announced layoffs of 8,000 employees, 10% of its staff, saying the cuts offset AI investments of $115 billion to $135 billion for 2026.
Meta shares fell about 2.3% after the layoff, staying below prior levels.
Microsoft offered early retirement to 7% of its U.S. workforce, its first-scale program of this type.
Microsoft shares dropped about 4% after the retirement offer, remaining below previous closing prices.