Amazon is set to lay off thousands of corporate workers, despite billions in profits and lucrative lines of business spanning from e-commerce to cloud computing. The reason is artificial intelligence, the company said in a memo to employees on Tuesday.

Amazon workers impacted by job cuts were informed in a company letter Tuesday. The organization made the move as it continues its investment into artificial intelligence initiatives. Several weeks ago, Amazon conducted layoffs in its human resources ...

Amazon said Tuesday it will lay off thousands of corporate workers, citing AI. Amazon is set to lay off thousands of corporate workers, despite billions in profits and lucrative lines of business spanning from e-commerce to cloud computing. The reason is ...

Amazon will cut about 14,000 corporate jobs as the online retail giant ramps up spending on artificial intelligence while trimming spending. In June CEO Andy Jassy, who has aggressively sought to cut costs since becoming CEO in 2021, said that he ...