Ford just rehired 300 human engineers

According to the BBC Ford just rehired 300 human engineers.
So is this a win for human experts?
Unfortunately for us cloud professionals, it looks like they were not coders/server infrastructure experts.
But I am curious to see if this trend continues in more spaces.
I have been skeptical of the tech layoffs that claimed they were downsizing because of AI productivity.
It seems much more feasible that these tech companies over-hired during the early part of this decade and just don’t want to admit they need to pull back for financial reasons.
Perhaps I am just being cynical.
What do you think?