Digital Innovation: Apr 24 (5 stories)
Friday, 24 Apr 2026 Daily Technology GLOBAL
Here is your Daily summary for Technology across the world for Fri 24th April 2026
Meta is set to lay off 10% of its workforce, affecting around 8,000 employees, as part of a broader restructuring strategy aimed at streamlining operations. This move highlights ongoing challenges in the tech sector, where companies are reassessing their workforce in response to economic pressures. Concurrently, Microsoft is offering voluntary retirement packages to about 7% of its U.S. employees, signaling a shift in its workforce strategy amid similar market conditions.
In the investment realm, Blackstone's President Jon Gray emphasized that the expansion of artificial intelligence infrastructure is a key growth driver for the firm, underscoring the increasing importance of AI in shaping business strategies. Meanwhile, ServiceNow's CEO Bill McDermott reiterated the central role of AI in their platform, reflecting a broader industry trend where AI capabilities are becoming essential for growth and innovation across tech companies.
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Key stories and insights from this topic
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AI Build-Out Is a Huge Driver, Blackstone's Gray Says
Bloomberg Technology 23 Apr 2026, 2:59pmBlackstone Inc. President Jon Gray said the build-out of artificial-intelligence infrastructure is the single-biggest driver for the company right now. He speaks to Dani Burger. (Source: Bloomberg)
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Meta to cut 10% of jobs, or 8,000 employees, report says
TechCrunch 23 Apr 2026, 6:08pmAccording to an internal memo, Meta plans to begin its sweeping layoffs on May 20.
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Microsoft Offers Buyouts to About 7% of US Workers
Bloomberg Technology 23 Apr 2026, 3:32pmMicrosoft Corp. is offering voluntary retirement to thousands of its employees in the US.
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Meta is revamping its cross-app management system
TechCrunch 23 Apr 2026, 4:00pmMeta's Accounts Center will transition to the Meta Account, which is supposed to make it easier to manage your experience on various Meta apps and devices.
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AI Is Central to ServiceNow Platform, CEO McDermott Says
Bloomberg Technology 23 Apr 2026, 3:23pm"We are a growth company," ServiceNow Chair and CEO Bill McDermott says while discussing the company's first-quarter earnings on "Bloomberg Open Interest." (Source: Bloomberg)