Layoffs confirmed: 8K jobs cut. What's the real story?

So, the news is out. 8,000 jobs gone. The official line seems to be about restructuring and focusing on future investments, particularly in areas like AI development. Mark Zuckerberg mentioned it in the all-hands. But it feels like there's more to it. We’ve seen reports linking these cuts to some sort of automated system used in the selection process, with allegations of discrimination. And then there's the sheer number – 10% of the workforce. It’s a massive shake-up. I’m trying to understand if this was a strategic necessity or if there were other underlying factors. Was it purely about shifting resources, or are there other internal pressures at play? Looking for insights from people who might have more clarity on the internal mechanics or the long-term implications for the remaining employees.