Reported 22 days ago
Amazon CEO Andy Jassy announced that the company will see workforce reductions in the future due to advancements in artificial intelligence, reflecting a trend already underway at Microsoft, which is expected to lay off thousands of employees. Both companies have invested heavily in AI, with Amazon projected to spend $105 billion on AI infrastructure in 2025, while Microsoft plans to spend around $80 billion. The shift towards AI has prompted criticisms from employees concerned about job security.
Source: YAHOO