#capital spending
Related Stories (2)
Google burning through cash with spiralling AI costs
The company said earlier this year it expected to spend as much as $190bn on AI investments.
July 22, 2026Meta CEO Zuckerberg blames layoffs on capital spending, won't rule out more job cuts - Reuters
Meta CEO Zuckerberg blames layoffs on capital spending, won't rule out more job cuts Reuters
April 30, 2026Related Pages (6)
Google burning through cash with spiralling AI costs
Google and its paranet company Alphabet have spent huge amounts on AI. Google parent Alphabet saw its business continue to grow in recent months, yet growing spending on artificial intelligence (AI)
Meta CEO Zuckerberg blames layoffs on capital spending, won't rule out more job cuts
Business Meta CEO Mark Zuckerberg makes a keynote speech during the Meta Connect annual event, at the company's headquarters in Menlo Park, California, U.S. September 25, 2024. REUTERS/Manuel Orbegoz
Meta CEO Zuckerberg blames layoffs on capital spending, won't rule out more job cuts
GenerateMediaTagV2({"cms_image_id":1300399,"np_image_id":3886756,"image_caption":"Meta CEO Mark Zuckerberg makes a keynote speech during the Meta Connect annual event, at the company's headquarters in
Meta CEO Zuckerberg blames layoffs on capital spending, won't rule out more job cuts
Business Meta CEO Mark Zuckerberg makes a keynote speech during the Meta Connect annual event, at the company's headquarters in Menlo Park, California, U.S. September 25, 2024. REUTERS/Manuel Orbegoz
Meta CEO Zuckerberg blames layoffs on capital spending, won’t rule out more job cuts
Staff have openly criticised Zuckerberg and other company leaders Share [NEW YORK] Meta chief executive Mark Zuckerberg attributed the Facebook parent’s planned layoffs to increased capital spending
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