Amazon cutting 14,000 jobs as the retailing giant embraces AI

The job cuts come as Amazon CEO Andy Jassy has said he envisions the company relying on AI agents to replace human workers.

Amazon’s Slower Growth in AI Cloud Business May Not Be Fatal Flaw

Welcome to Tech In Depth, our daily newsletter about the business of tech from Bloomberg’s journalists around the world. Today, Matt Day sizes up Amazon’s place in the changing cloud computing market.

Amazon layoffs: What we know so far about the teams and roles affected, from internal messages

Amazon announced Tuesday that it plans to cut 14,000 corporate jobs as part of a broader effort to become leaner in an era shaped by AI.

Amazon Says It Will Lay Off 14,000 Corporate Workers, Citing Rapid AI Development: ‘The World Is Changing Quickly’

Amazon said it will cut approximately 14,000 white-collar jobs as it seeks to gain efficiencies -- and as it prepares for advances in artificial intelligence in running the company.

Investors and workers are growing increasingly divided on AI, while Amazon cuts jobs

Just Capital's new report finds some investors cheering AI productivity, while nearly half of workers fear layoffs.

Amazon VP tells remaining workers to 'lean in on AI' in internal memo after massive layoffs

Amazon's HR chief also explained the 14,000 cuts in part by saying AI is helping companies innovate faster.

Walmart Just Fired A Big AI Shot Across Amazon’s Bow

Walmart and OpenAI join forces to bring AI-powered shopping to ChatGPT, forever changing search, discovery, and retail competition with Amazon.

Amazon deepens AI push, expands in Europe ahead of Q3 earnings

Amazon is leaning deeper into artificial intelligence and robotics to reshape its operations and retail strategy, and analysts are raising their targets and outlook ahead of the company’s Q3 earnings on Oct.
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