NBC News - Amazon said Tuesday that it plans to cut 14,000 corporate jobs, its biggest round of layoffs in years, as it invests more in artificial intelligence.
In Amazon’s announcement, top human resources executive Beth Galetti cited AI, which she said is the "most transformative technology we've seen since the internet." She added that AI was "enabling companies to innovate much faster than ever before."
"We’re convicted that we need to be organized more leanly, with fewer layers and more ownership, to move as quickly as possible for our customers and business," Galetti continued....
The job cuts at Amazon come amid a wave of layoffs at other tech and retail firms. Target said last week it would cut 1,000 corporate office jobs and close 800 open roles. Meta Platforms, owner of Instagram and Facebook, also cut 600 jobs on Wednesday and Microsoft began eliminating 9,000 jobs in July.
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