Not just this week but the past year or so

During covid many companies hired a ton of people due to the growth of many industries, particulalry consumer electronics and platforms like Plex and Netflix, and places like Amazon, Google, etc. Because many people were off work, there was greater demand. Obsiously infinite growth is not possible, and when things slowed down after covid, they moved to dump the employees they no longer needed

It doesnt necessarily have anything to do with AI; AI implementations are still extremely rough and moves to implement them at this point means providing an inferior experience. That said, some companies have been implementing AI, which will likely lead to worsening layoffs down the line