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.