Amazon will cut about 14,000 corporate jobs as the online retail giant ramps up spending on artificial intelligence.

Amazon CEO Andy Jassy has been pushing to reduce bureaucracy across the company. (GeekWire Photo /) Amazon confirmed Tuesday morning that it

The larger problem comes in distribution and the use of algo when content is being shown,” Reliance Industries media president Jyoti Deshpande said.

AWS’s market share has fallen from nearly 50% in 2018 to 38% as Microsoft, Google and upstart cloud companies gain ground rapidly. Amazon is replacing executives and reorganizing teams to speed up AI product launches and restore AWS’s once-commanding competitive advantage.

Amazon said it would cut 14,000 corporate staffers this year in a mass layoff aimed at readying the company for wide adoption of AI technology.

Amazon's Delivering the Future Summit in California showcased AI-powered robotics and the future of the e-commerce giant's delivery wing.

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

“While Anthropic, the company behind the Claude AI chatbot, reiterated its commitment to Amazon, we see this move with Google speaking to the capacity-constrained AI and data center market, as well as prudently diversifying its exposure,” veteran fund manager Chris Versace wrote for TheStreet Pro.

Amazon's AI systems and advanced technology will create a "safe, more productive" environment for employees as the e-commerce giant plans to avoid hiring 600,000 workers by 2033.