Amazon planning job cuts next week after axing 14,000 due to AI: report
7 hours ago
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- #AI
- #Amazon
- Amazon is planning a second round of job cuts next week, targeting around 30,000 corporate workers.
- The company previously cut 14,000 jobs in October, citing AI as a transformative technology.
- CEO Andy Jassy clarified that the cuts were due to bureaucracy, not financial or AI-driven reasons.
- Affected departments include Amazon Web Services, retail, Prime Video, and HR (People Experience and Technology).
- Amazon's corporate workforce is expected to shrink over time due to AI-driven efficiencies.
- The total layoffs would represent nearly 10% of Amazon's corporate workforce but a small portion of its 1.58 million employees.
- Affected workers from the October cuts have until Monday to find new roles internally or externally.