Retail job losses are surging, with Amazon and Target cutting nearly 32,000 corporate jobs combined, signaling a major industry restructuring.

Amazon will report earnings after the closing bell on Thursday. Analysts want updates on AI progress, AWS, and retail margins.

The job cuts come as Amazon CEO Andy Jassy has said he envisions the company relying on AI agents to replace human workers.

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. “What we need to remember is that the world is changing quickly,

Amazon's deep job cuts challenge its AI tools to prove they can do more with less.

Amazon has confirmed it will cut 14,000 corporate jobs as part of a strategic shift towards artificial intelligence.

Walmart and OpenAI join forces to bring AI-powered shopping to ChatGPT, forever changing search, discovery, and retail competition with Amazon.

A major outage last week disrupted Amazon's cloud division for 15 hours, affecting hundreds of companies and raising questions about AWS' resilience.

Amazon’s biggest AI data center is now operational in Indiana, with half a million AWS Trainium2 chips entirely devoted to powering OpenAI rival Anthropic. Just over a year ago, it was nothing but cornfields.