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A major shift is happening in the technology sector. Companies are aggressively laying off employees, and executives are quick to point to automated tools and AI - artificial intelligence - to justify the decisions.

But beneath the investor presentations and AI buzzwords, a different story is emerging: many of these layoffs have less to do with artificial intelligence replacing workers and more to do with corporate restructuring, shareholder pressure, and leadership mistakes.

A recent New York Times report, "Is A.I.