Amazon cuts 14,000 corporate jobs
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The company's top human resources executive said Tuesday that the tech giant needs to be "organized more leanly" due to the "transformative" nature of AI.
The online retail giant plans to lay off as many as 30,000 employees as part of cost-cutting measures led by chief executive Andy Jassy, according to the Wall Street Journal and Reuters. Each cited sources stating the same number of layoffs. Amazon declined to comment when contacted by the BBC.
Amazon is laying off 14,000 corporate employees. The company said it's cutting roles to help make the company leaner and less bureaucratic, while it looks to invest in generative artificial intelligence.
One of America’s largest employers is planning major layoffs, according to Reuters, an indication of major shifts coming to the labor market.
The larger problem comes in distribution and the use of algo when content is being shown,” Reliance Industries media president Jyoti Deshpande said.
Tuesday, according to reports, a move that comes as the online retailer tries to trim costs amid a massive artificial-intelligence push and broader shifts in its overall workforce. Reuters reported on Monday that the cuts would be the biggest at the online-retail and cloud-services giant,