More technology company leaders are linking job cuts to the growing use of artificial intelligence tools. They say AI systems are changing how work is done and reducing the need for some roles. Several executives have also said they need to redirect money towards AI development.

Companies say investment in AI requires significant funding. Some leaders state that shifting resources is necessary to remain competitive. As a result, spending is being moved from certain departments to AI-related projects.

The comments reflect a wider trend in the technology sector. Businesses are increasing their focus on automation and machine learning tools. At the same time, parts of the workforce are being reduced as companies adjust their priorities and spending.