Meta staffing cuts; replacing people with AI. Sounds like greed to me. What do you think?

Cutting 10% of the workforce (about 8,000 employees) to implement AI is allegedly being used to encourage efficiency and offset costs of growth. Sounds like greed and putting workers out of work while pursuing larger profits. Somehow a net worth of $230 billion, Isn’t enough. The oligarchy strikes again. More water and energy use fewer benefits for humanity. Thanks again Zuckerberg! Wanna bet he’s paying fair share of taxes?