Amazon Cuts 16,000 Jobs in Latest Round of Layoffs
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Amazon said Wednesday it was slashing another 16,000 jobs across the company in an ongoing bid to restructure the sprawling trillion-dollar firm.
Amazon will cut about 14,000 corporate jobs as the online retail giant ramps up spending on artificial intelligence. In June CEO Andy Jassy, who has aggressively sought to cut costs since becoming CEO in 2021, said that he anticipated generative AI would ...