In recent days Meta Platforms has confirmed plans to begin mass layoffs on May 20, cutting about 10% of its global workforce, around 8,000 roles, as part of a wider reorganization tied to very large AI-focused capital spending that could reach US$115.00–US$135.00 billion in 2026. This AI-driven restructuring, which includes building multi-gigawatt compute infrastructure and automating some management functions, marks a shift toward a leaner, more capital-intensive business model that could...