Reported about 16 hours ago
Amazon CEO Andy Jassy has clarified that the decision to lay off 14,000 employees was driven by 'culture' rather than financial considerations or artificial intelligence. During an earnings call, Jassy explained that rapid expansion in recent years resulted in complexities that weakened employee ownership and slowed leadership effectiveness. Although the layoffs are framed as a move towards a more agile operation, concerns remain about the impact of technology on human jobs.
Source: YAHOO