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Amazon CEO Andy Jassy stated that the recent layoffs of approximately 14,000 corporate employees were driven by a need for cultural agility rather than financial strain or automation. This reflects a shift towards reducing management layers and enhancing efficiency amidst ongoing technological transformations at the company.
Amazon has laid off at least hundreds of employees in its Amazon Web Services (AWS) division, following a warning from CEO Andy Jassy about workforce reductions due to the rise of generative AI. This move aligns with trends in the tech industry, where companies are increasingly automating tasks to reduce costs.
Amazon CEO Andy Jassy announced that the company's corporate workforce will decline as generative AI tools are integrated, leading to fewer employees in some roles and a shift towards different job types. The memo follows significant layoffs at Amazon and highlights the company's commitment to leveraging AI for efficiency across various operations. Jassy emphasized the need for employees to adapt by learning to utilize AI effectively.
Amazon is laying off approximately 14,000 corporate workers, about 4% of its workforce, as it reallocates resources to invest heavily in artificial intelligence amid pressure from investors to tighten finances. The layoffs follow disappointing growth in Amazon's AI business and come in the context of broader job cuts across the retail sector, including Starbucks and Target. CEO Andy Jassy has indicated that increasing efficiency through AI will likely reduce the overall corporate workforce in the coming years.
Amazon is set to eliminate up to 30,000 corporate positions as part of a strategy to cut costs and streamline operations following overhiring during the pandemic. This reduction represents nearly 10% of its corporate workforce and is the largest job cut since late 2022.
Amazon is reportedly set to lay off up to 30,000 corporate employees, marking its largest staffing reduction since 2022. The layoffs are part of the company's strategy to reduce expenses and adjust for overhiring during the pandemic, coinciding with the upcoming earnings report and the anticipated impact of generative AI on job roles within the company.
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.
Amazon is set to announce its largest layoffs in history, with plans to cut as many as 30,000 corporate jobs starting Tuesday. This move is part of a broader cost-cutting strategy by CEO Andy Jassy, which has already seen over 27,000 employees laid off since 2022 due to economic pressures and the company's shift towards generative AI.
Amazon is set to announce its largest layoffs in company history, with plans to cut as many as 30,000 corporate jobs starting Tuesday. This move is part of a broader cost-cutting strategy initiated by CEO Andy Jassy, reflecting ongoing challenges in the tech industry and a shift towards embracing generative AI.
Amazon.com Inc. is reportedly planning to cut up to 30,000 corporate jobs across several key departments, including logistics, payments, video games, and cloud computing. The layoffs are expected to commence as soon as Tuesday, according to sources familiar with the matter.
Amazon announced layoffs affecting 14,000 corporate workers, with plans to ultimately cut up to 30,000 jobs, or about 10% of its workforce. These reductions are part of a broader strategy to reduce expenses as the company faces increased competition in the cloud computing sector and ramps up spending on AI.
Amazon is set to cut approximately 30,000 corporate jobs, representing nearly 10% of its corporate workforce, as part of a cost-cutting measure following overhiring during the pandemic. This decision aligns with CEO Andy Jassy's earlier warnings about potential job reductions due to advancements in artificial intelligence. The layoffs will affect various divisions, including human resources and operations.
Amazon is reportedly planning to lay off up to 30,000 corporate employees this week, marking the largest reduction in its history. This follows previous layoffs that cut 27,000 jobs in 2023, as the company attempts to streamline operations amid rising costs and the impact of artificial intelligence on workforce needs.
Amazon is reportedly set to lay off up to 30,000 corporate employees as part of a significant workforce reduction aimed at cutting expenses after over-hiring during the pandemic. The layoffs will affect various business units and come as the company invests heavily in artificial intelligence, which is expected to reduce the need for certain jobs in the future.
Amazon has announced plans to cut approximately 30,000 corporate jobs, representing about 10% of its workforce, as part of efforts to address overhiring during the pandemic. This marks the largest layoff since 2022, affecting various divisions, including human resources and operations, with notifications expected to be sent out to impacted employees soon.