Amazon layoffs hit software engineers
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Amazon Confirms 14,000 Corporate Layoffs
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Business Insider's reporters walk through the big layoffs at Amazon, why the cuts came, and who could be next.
As Amazon slashes 14,000 white-collar roles and the U.S. approaches a million job cuts this year, AI’s first major labor casualty might be emerging.
One of America’s largest employers is planning major layoffs, according to Reuters, an indication of major shifts coming to the labor market.
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One chart shows how Amazon's layoffs are a drop in the bucket after its pandemic-era hiring spree
One chart shows how Amazon's workforce surged during the pandemic and Great Resignation. The new corporate layoffs are a small share of its employees.
The direct action taken by companies to cut jobs, for different reasons, may act as a warning that a snowball effect could be in the works.
Amazon is set to slash thousands of corporate jobs starting Oct. 28, according to multiple reports. The impending corporate layoffs amount to the largest such job reduction in the company's history, CNBC and Reuters reported, citing anonymous sources.
Amid sweeping layoffs that began throughout ecommerce giant Amazon Tuesday, the company is making "significant" changes to its video games business.
The move comes amid similar cuts at Meta and Applied Materials, signaling a broader tech industry shift toward automation and AI investment.