Hasty Briefsbeta

Amazon planning job cuts next week after axing 14,000 due to AI: report

7 hours ago
  • #Job Cuts
  • #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.