That's the rub. They don't even say "we are cutting workforce to invest in AI", they say "we are cutting workforce because we've already replaced people with AI", which they have not. They're just such hype driven buffoons that they actually believe that LLMs are going to easily replace the people they just cut in their hubris.

Saying they've cut people to invest in AI is actually a little more honest because it admits that they haven't actually already succeeded.