Reported 1 day ago
Amazon has announced a reduction of about 14,000 corporate jobs, representing a 4% cut to its workforce, as the company shifts focus to artificial intelligence while also striving for cost efficiency. Employees affected will be notified and given transition support. This move aligns with CEO Andy Jassy's vision to integrate generative AI into Amazon’s operations, amidst significant investments in expanding the company's AI capabilities and cloud infrastructure. Though this represents the largest job cut since 2023, Amazon is still committed to hiring seasonal workers, indicating a complex strategy amidst fluctuating job market conditions.
Source: YAHOO