Amazon Will Cut 16,000 Jobs in Latest Layoffs
3 months ago
- #layoffs
- #AI
- #Amazon
- Amazon plans to lay off 16,000 corporate employees, expanding restructuring efforts.
- CEO Andy Jassy stated AI adoption will reduce workforce needs over time.
- Affected U.S. employees get 90 days to find internal roles or severance.
- This is the second major layoff, totaling 30,000 job cuts since last year.
- Amazon is investing heavily in AI, with $125 billion allocated last year for data centers.