Entertainment Companies are blaming AI for job cuts. Critics say it’s a ‘good excuse’ October 19, 2025 gopalkumarthakur@gmail.com Workers are spooked as firms declare AI driven layoffs, but some critics tell CNBC that the current reductions may be a “market clearance’ due to overhiring. Related posts: CNBC Daily Open: Tariff uncertainty intensifies with the U.S. court’s ruling China’s Zijin Gold surges over 60% in Hong Kong debut after world’s second-largest IPO this year Shanaya Kapoor confesses she’s “Team Conrad always” as she gives a peek into shoot of Steve Madden campaign; REVEALS her forever fashion favourite Abhinav Kashyap claims Salman Khan refused to touch Om Puri’s feet for Dabangg scene: “He got angry with me”