📈 Big Tech Shift: Meta and Microsoft Cut Workforce Amid AI Integration

Tech giants Meta and Microsoft have announced significant job cuts, signaling a major structural shift as AI-driven tools begin to redefine corporate productivity and operational requirements. • Meta Platforms Restructuring Meta is reducing its workforce by approximately 10%, impacting just under 8,000 employees. Additionally, the company will close roughly 6,000 open roles to boost internal efficiency and lean operations. • Microsoft Workforce Adjustment Microsoft has launched a first-of-its-kind initiative, offering voluntary retirement packages to about 7% of its US workforce. This move affects approximately 8,750 employees as the firm reallocates resources toward artificial intelligence. • Economic Impact & Trends These layoffs highlight a broader trend where massive investments in AI are enabling firms to maintain or improve output with fewer staff. For Sri Lanka’s ICT/BPM sector, this underscores the urgent need for local talent to upskill in AI to remain competitive in the global outsourcing landscape. _Note: Figures based on recent corporate announcements._