Meta is cutting about 8,000 jobs—roughly 10% of its workforce—as it shifts resources toward artificial intelligence, while leaving thousands of positions unfilled. The move reflects a broader tech industry trend: companies are reducing headcount in traditional roles to fund massive investments in AI infrastructure and highly paid specialists. Meta expects its expenses to surge in 2026, driven largely by these priorities, and analysts say automation is allowing firms to operate with leaner teams.

At the same time, Microsoft is offering voluntary buyouts to around 7% of its U.S. workforce, signalling a similar recalibration rather than abrupt layoffs. The company continues to pour billions into data centres and AI-powered tools like Copilot.

For Canada, where both companies have offices in cities like Toronto, Vancouver, and Montreal, the impact is mixed. While some local roles could be affected, demand for AI talent is likely to grow. This shift highlights a key trend in the Canadian job market: fewer opportunities in routine tech roles, but rising demand for specialized skills in AI, data, and cloud computing.

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The Associated Press’ original article, “Meta to cut 8,000 jobs, Microsoft to offer voluntary buyouts for thousands” was published in CBC News on April 24, 2026. Read the Full CBC News story.

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