Amazon Confirms 14,000 Corporate Layoffs
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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 MGM Studios was impacted by the broader layoffs that Amazon announced Tuesday as the company harnesses AI technology.
Amazon will cut about 14,000 corporate jobs as it restructures around AI, trimming layers and bureaucracy while shifting work toward automation.
Amazon said it will cut approximately 14,000 white-collar jobs as it seeks to gain efficiencies -- and as it prepares for advances in artificial intelligence in running the company.
Amazon's HR chief also explained the 14,000 cuts in part by saying AI is helping companies innovate faster.
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.
Amazon has announced it will be scything more than 14,000 jobs as part of its efforts to streamline operations in the era of artificial intelligence.
The decision to lay off 30,000 employees marks the largest corporate job cuts in Amazon’s history, according to CNBC. The layoffs will reduce “bureaucracy” and help Amazon invest “in our biggest bets”, Beth Galetti, senior vice president of people experience and technology at Amazon, wrote in a blog post.