Amazon, AI and will lay off
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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.
Amid sweeping layoffs that began throughout ecommerce giant Amazon Tuesday, the company is making "significant" changes to its video games business.
One of America’s largest employers is planning major layoffs, according to Reuters, an indication of major shifts coming to the labor market.
The other thing that makes this seem different from past layoffs is who is affected. Amazon has already optimized its warehouses. It isn’t cutting the workers who handle packages—in fact, the company plans to hire 250,000 seasonal employees to ramp up for the holidays.
Amazon's podcast and audiobook division is also affected by the company's corporate layoffs, Business insider has learned.
Amazon’s 30,000 job cuts show even giants aren’t immune to today’s retail pressures: efficiency, automation, and consumer caution now define the new marketplace.
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Amazon layoffs, Qualcomm's AI chips, Airbnb cracks down on Halloween and more in Morning Squawk
Amazon CEO Andy Jassy said earlier this year that the Washington-based company could shrink its workforce by embracing AI. The firm is part of a cohort of large-cap companies that have seen their AI-related productivity increase as the technology becomes mainstream.
Amazon's HR chief also explained the 14,000 cuts in part by saying AI is helping companies innovate faster.