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Meta and Microsoft Cut 20,000 Jobs Combined
Meta and Microsoft are cutting approximately 20,000 jobs combined, stoking fears of an AI-driven labor crisis. The job cuts signal that AI-driven workforce compression is moving from theory to corporate balance sheets at scale. Analysts note a new pattern: software companies reaching $50M in revenue with as few as 50 employees, down from ~250, driven by AI productivity tools.
Continue the story on unscarcity.ai:
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