Yeah, tech firms that are trying to hype their AI products as the next big thing are trying to spin the narrative that they are suffering economically. As someone who was a junior sw dev in the past, I can tell you that AI written code is 100% not good enough to do that job. It might be utilized to do that work faster - but then any sensible business wouldn’t lay off their juniors, but instead would simply have them produce more output in order to sell more product and make more money.