AI in focus again as Amazon plans largest corporate layoff affecting 14,000 employees

Amazon announced Tuesday it plans to cut around 14,000 corporate positions as the retail giant continues working to lower expenses and focus resources on artificial intelligence ￰0￱ company explained that the job cuts will help it operate with less red tape and fewer management ￰1￱ wants to put more money into what it calls its most important priorities, especially AI ￰2￱ Galetti, who leads people operations at Amazon, said AI represents the biggest technology shift since the internet ￰3￱ noted companies can now create new products much faster than ￰4￱ executive said Amazon needs a simpler structure with fewer bosses so it can act quickly for ￰5￱ job losses will be the biggest corporate staff reduction at ￰6￱ total cuts might reach 30,000 workers, based on information from people who know about the ￰7￱ bet on AI efficiency Amazon employs more than 1.54 million workers around the world, making it the country’s second-biggest private ￰8￱ of those workers handle packages in ￰9￱ company has roughly 350,000 people in corporate and technology ￰10￱ 14,000 cuts equal about 4% of that ￰11￱ company said more job cuts will happen next year, though it will keep adding workers in certain important ￰12￱ joins other businesses cutting staff as AI tools become more common across the tech ￰13￱ in technology, banking, cars, and retail have said AI will change how many employees they ￰14￱ firms believe they can make more money with fewer workers by using AI, which they expect will make operations run better.

Amazon’s chief executive Andy Jassy told workers in June that AI will reduce the need for some current jobs while creating demand for different types of ￰15￱ took over from founder Jeff Bezos in ￰16￱ then, he has worked to cut spending throughout the ￰17￱ eliminated 27,000 positions from 2022 through ￰18￱ rounds of job cuts have happened since. Amazon’s post-pandemic workforce adjustment The company grew its workforce fast during the pandemic when more people shopped online and used cloud computing ￰19￱ has since closed projects that lost ￰20￱ discussed by Cryptopolitan earlier, the pandemic’s overhiring may be the real culprit in the current spree of ￰21￱ year, the company plans to spend about $100 billion building AI ￰22￱ want proof that Amazon’s cloud and AI operations can compete with other tech ￰23￱ wants Amazon to work like what he calls the world’s biggest ￰24￱ September, he told office workers they must come in five days each week instead of working from ￰25￱ also set a target to remove management layers by early this ￰26￱ will share its third-quarter financial results on Thursday after stock markets ￰27￱ job cuts come as technology companies face pressure to show profits while investing heavily in new AI ￰28￱ hopes the leaner structure will help it move faster in a competitive ￰29￱ Bybit now and claim a $50 bonus in minutes