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Amazon is set to lay off up to 30,000 corporate employees, representing about 10% of its corporate workforce, as part of a cost-cutting strategy amid rising efficiency from AI and a restructuring effort by CEO Andy Jassy. This move follows previous layoffs and comes as the company prepares for a busy holiday season, planning to hire 250,000 seasonal workers. The layoffs may also reflect the company's response to pressures from financial goals and the ongoing demand for automation.
The article from DeadStack summarizes the latest technology news, including significant developments such as a $1 billion partnership between the U.S. Department of Energy, AMD, and HPE for AI supercomputers, Amazon's plans for major layoffs affecting tens of thousands of corporate workers, and a breakthrough in pixel technology achieving a size of just 300 nanometers. Other highlights include updates on software grants and new product launches from major tech companies.