Corporate hiring and firing is typically tied to how expensive money is. Big number MUST go up at the expense of all else and if the interest rates raise, the cost of borrowing raises, and the corporate demons must get that money back somehow.
Humans are (or I guess used to be) the most expensive line on the spreadsheet so they get chopped.
It's very obvious that AI is trying to do what Uber is doing, making us dependent on it while it is cheap, then raising the price drastically when corporations are fully bought in. I don't know how CFO's are letting themselves get conned.