OUCH: Meta to cut 8,000 jobs, Microsoft offers buyouts to to staff as AI spending costs hit Big Tech workers.

Meta (META) on Thursday became the latest Big Tech company to announce layoffs as the ballooning costs of the AI build-out and efficiencies continue to hit workers in the industry.

The company says it will cut 10% of its workforce, or about 8,000 employees.

Microsoft (MSFT) will also offer voluntary buyouts to some employees as the company joins many of its Big Tech peers in seeking ways to control costs amid their AI spending sprees.

According to a source familiar with the matter, roughly 7% of Microsoft’s US employees, senior directors or below, can take part in the buyouts if their years at the company plus their age add up to at least 70.

How big are those AI build-outs? This big: “Amazon, Google, Meta, and Microsoft alone will spend some $650 billion on capital expenditures in 2026.”

TWO-TIER KEIR:

KEEP HAMMERING ON THIS, DATA R:

HEH: So When Are The ‘Punch A Nazi’ Sorts Going To Punch SPLC Donors? “Meanwhile, what are all those angry leftists who based their identity on ‘punching Nazis’ going to do now that it’s been revealed that their side were the ones funding the Nazis all along?”

I figure the ones with big enough names that you saw them on CNN or M-SNOW were likely in on it.

PUBLIC EDUCATION THAT DOESN’T SERVE THE PUBLIC’S INTEREST DOESN’T DESERVE THE PUBLIC’S FUNDS…:

…or is representative government dead, despite all the left blather about “Our Democracy?”

CONTAINMENT WALL BREACHED:

It’s good to see the SPLC bombshells making CBS News, but let’s give credit to America’s Newspaper of Record for being particularly succinct in covering the story:

HMM:

More:

The reason she is moving at all is that Iran is running out of places to put the oil.

Kharg Island handles roughly ninety percent of Iran’s crude exports. Its onshore tanks had about thirteen million barrels of spare capacity when the US blockade began on April 13. Net inflow since has been running at one million to one point one million barrels per day because exports have collapsed to single digits of vessels while upstream production continues. The math is mechanical. Roughly twelve days of spare capacity. The calendar says that window closes this week.

NASHA is not a strategy. NASHA is what you do when you have run out of strategy.

A two-million-barrel floating storage vessel buys Iran approximately forty-eight hours of continued upstream production. After that, either the wells get shut in or the crude goes somewhere else. The parallel options being pursued, ship-to-ship transfers in the Riau Archipelago, AIS-dark transits, sanctioned VLCCs returning home through the blockade line, are not enough. Lloyd’s List Intelligence has tracked roughly twenty-six Iran-linked vessels evading since April 13. That cannot absorb a million barrels a day.

The wells will shut in. The question is which wells, for how long, and whether they come back.

Bringing those wells back takes months, at least.

This is exactly what Trump meant yesterday when he said time was on his side.

OFT EVIL WILL SHALL EVIL MAR:

TOMORROW’S UCLA LAW GRADS:

I HOPE YOU WENT LONG ON POPCORN FUTURES: Prominent civil rights activist warns bombshell Southern Poverty Law Center indictment is just ‘tip of the iceberg.’

Bob Woodson, an 89-year-old civil rights champion who faced jail time for his advocacy in the Jim Crow South, condemned the SPLC and admitted he wasn’t “surprised at all” that the nonprofit allegedly funneled more than $3 million to “field sources” to infiltrate extremists groups between between 2014 and 2023.

“This is just a more obvious expression of the contradiction of people who say they are fighting for civil rights, and as a consequence, they are corrupt,” Woodson charged on Fox News’ “The Will Cain Show.”

“This is just the tip of the iceberg. These are people who are supposed to be fighting for civil rights.

“They ask which problems are fundable, not which ones are solvable. So you get this kind of corruption that you’re witnessing,” the octogenarian declared.

More to come — lots more, apparently.

PRIORITIES: