Amazon, AI and will lay off
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The job cuts come as Amazon CEO Andy Jassy has said he envisions the company relying on AI agents to replace human workers.
Amazon will cut about 14,000 corporate jobs as it restructures around AI, trimming layers and bureaucracy while shifting work toward automation.
Amazon's HR chief also explained the 14,000 cuts in part by saying AI is helping companies innovate faster.
Amazon is betting that its large language model is large enough to do the jobs of 14,000 humans. The company announced in a memo today that it would be cutting 14,000 corporate jobs as part of its larger aim of “reducing bureaucracy,
Welcome to Tech In Depth, our daily newsletter about the business of tech from Bloomberg’s journalists around the world. Today, Matt Day sizes up Amazon’s place in the changing cloud computing market.
Amazon has announced an approximately 14,000 person reduction in its corporate workforce. The news follows an earlier report from Reuters that up to 30,000 people could be let go. However, the exact number of layoffs is unclear, with the 14,000 figure being cushioned by planned hirings.
Walmart and OpenAI join forces to bring AI-powered shopping to ChatGPT, forever changing search, discovery, and retail competition with Amazon.
Amazon is leaning deeper into artificial intelligence and robotics to reshape its operations and retail strategy, and analysts are raising their targets and outlook ahead of the company’s Q3 earnings on Oct.