Amazon to Cut 14,000 Corporate Jobs Amid AI Push

Date:

The Amazon logo at the Amazon Robotic Sorting Fulfillment Center in Madison County, Miss., on Aug. 11, 2022. AP Photo/Rogelio V. Solis, FileAmazon said on Oct. 28 it will eliminate about 14,000 corporate positions as part of a broad restructuring effort designed to flatten management layers, reduce bureaucracy, and redirect resources toward artificial intelligence (AI) and other strategic priorities.Beth Galetti, Amazon’s senior vice president of people experience and technology, announced the layoffs in an internal memo to employees, describing them as part of an ongoing effort to make the company stronger, faster, and more innovative, while operating “like the world’s largest startup.”

spot_imgspot_imgspot_img

Share post:

More like this
Related

Trump Says US to Pause Iran Strikes as Mideast Allies Reach Outline to End War

President Donald Trump said Aug. 1 that the United...

Sandwich Chain Jersey Mikes Goes Public, Falls 6 Percent in Debut

A Jersey Mike's banner adorns the New York Stock...

How Professionals Trade: Protecting Capital Before Chasing Returns

Commentary“It’s different this time.” Few phrases have cost investors...

Operation Blackout Takes Down 4 of the Largest Scam Compounds on Earth: FBI

The Federal Bureau of Investigation (FBI) announced on July...