Big‑tech layoffs alongside heavy AI spend

- Newsweek reported several major tech companies have announced sweeping 2026 layoffs while simultaneously increasing investment in AI compute and capabilities, describing a pattern of headcount cuts alongside heavy infrastructure spending. - The roundup says firms are willing to spend aggressively on compute while becoming more selective on headcount, with AI capabilities and infrastructure cited as reasons for workforce reductions. - The pattern pairs heavy compute investment with selective hiring, raising hiring bar for roles tied to infrastructure and AI projects. (newsweek.com)