THE U.S. TECHNOLOGY GIANT LOST NEARLY 140,000 PEOPLE IN A YEAR, WITH FOUR GIANTS AI SPENDING $72.5 BILLION ON CAPITAL

On July 25, the Financial Times, in conjunction with Challenger, Gray and Christmas, statistics show that, since 2026, the United States ' science and technology industry has accounted for more than one third of all announced layoffs in the United States, with only four layoffs in Amazonia, Oracle, Meta and Microsoft accounting for nearly 50,000, or about 6 per cent of all employees. In contrast, Amazon, Alphabet, Meta and Microsoft are expected to invest as much as $72.5 billion in AI infrastructure this year, including data centres. Oracle reduced its staff by 21,000 a year after the March lay-offs, and this month was marked down by a downgraded credit rating based on weak cash flows and uncertain AI returns; Microsoft abolished 4,800 positions this month, mainly in the Xbox game sector, which was in essence a full replacement of the $750 billion acquisition of the Moot three years ago。