Reported about 21 hours ago
Amazon has announced it will reduce its workforce by 14,000 jobs, aiming to streamline operations and redirect resources towards artificial intelligence and growth initiatives, despite currently strong business performance. Senior Vice President Beth Galleti explained that the company needs to adapt to rapid changes driven by AI technology. This move is part of a broader trend in the tech industry, where major companies like Oracle and Microsoft are also implementing layoffs while investing in AI.
Source: YAHOO