Meta Platforms plans to cut about 10% of its global workforce, or roughly 8,000 roles, starting May 20. Further reductions are expected later in the year as the company looks to manage rising AI infrastructure costs. Meta intends to use AI tools to automate more management and operational functions across the business. Meta Platforms, NasdaqGS:META, is making these changes while its shares trade around $688.55. The stock has recorded a 9.3% return over the past week and 16.0% over the past...