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International Business Times
International Business Times
Business
Merin Thomas

U.S. Firms Continue To Slash Jobs Amid Record AI Spending And Mega-Deals

Meta Oracle United States Amazon Mergers

Major U.S. companies are cutting thousands of jobs even as they pour billions into artificial intelligence and record-breaking mergers and acquisitions, highlighting a shift in corporate strategy.

Layoffs at Oracle and Meta are not simply cost-cutting moves; they reflect a deliberate reallocation of resources toward AI infrastructure, advanced tools, and strategic acquisitions.

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International Business Times UK
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