Maybe they have figured out something that the company still keep on working even with the lay offs. It could also be that some other job and activities maybe easily done with the use of AI technology. This is now the new trend companies tried to shorten or lessen expenses on manpower that is prone to human errors and replace 'em with the accurate and faster Artificial Intelligence. Some sort of unemployment risk right?
Every company that has cut working relations with their employees has certainly found other options that can complete the work done by their employees with other things and it is more profitable to use this technology compared to using many employees which makes the company spend more to pay their employees, intelligence Man-made intelligence currently really supports today's world of work, so companies prefer to use human-made intelligence rather than humans, especially which is very difficult to regulate and requires high costs, very different from using human-made intelligence which they can manage precisely and with very few errors.