Amazon Cuts 16,000 Jobs in Latest Round of Layoffs
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Amazon’s latest round of layoffs is set to hit 16,000 corporate employees starting Wednesday — with the tech titan suggesting artificial intelligence will do their work, instead. The firings come after Amazon said in October it was laying off 14,
Amazon's growing portfolio of artificial intelligence initiatives will be in the spotlight in early February.
Amazon announces 16,000 job cuts in major restructuring to reduce bureaucracy and management layers while investing in AI and other strategic growth areas.
The layoffs come after similar workforce cuts of 14,000 employees last October were attributed partially to developments in artificial intelligence.
Amazon and Pinterest are shaking up the tech sector this week.
Nationwide will have access to artificial intelligence-powered tools to help staff in their everyday interactions with its members.