Amazon.com Inc on Tuesday confirmed plans to cut nearly 14,000 corporate jobs, just months after Chief Executive Officer Andy Jassy warned that AI would reduce the company’s workforce. In June, Jassy ...

US stocks saw a third day of losses on Monday amid doubts about interest rate cuts, as investors looked ahead to high-stakes ...

Amazon plans to cut 14,000 corporate jobs, the company announced Tuesday. The company said the cuts are to make it leaner as AI enables companies to "innovate much faster." CEO Andy Jassy previously ...

Amazon is creating more than 10,000 seasonal jobs in Georgia, including some job openings near Athens at warehouses in Jackson County. Amazon announced in a news release that these seasonal jobs have ...

Amazon CEO Andy Jassy attributes the recent layoff of 14,000 employees not to financial woes or AI, but to company culture. He explained that rapid growth led to increased layers and weakened ...

Amazon is preparing to lay off up to 30,000 corporate employees starting Tuesday, one of the largest workforce reductions in the company’s history, Reuters reported, citing multiple people familiar ...

Multinational technology company Amazon is laying off about 14,000 employees, the company has confirmed. A message sent out to staff on the company’s website followed media reports that the group was ...

SAN FRANCISCO (Reuters) -Amazon is planning to cut as many as 30,000 corporate jobs beginning on Tuesday, as the company pares expenses and compensates for overhiring during the peak demand of the ...

The Department of Enterprise has confirmed that it has received a notice from tech giant Amazon of its plan to make some staff at its Irish operation redundant. This would form part of a major ...

‘Some may ask why we’re reducing roles when the company is performing well,’ an executive admitted, blaming AI for the layoffs. ‘Some may ask why we’re reducing roles when the company is performing ...

Amazon.com, Inc. is rated a Buy due to solid fundamentals, rising margins, and significant potential AI-driven productivity improvements. AMZN's aggressive AI investments are expected to boost ...

Uh Brooke, let's start with you and the job cuts uh headlines that we have been getting this morning including from Amazon. 00:08 Speaker B Good morning, Julia. That's right. Amazon sent out an ...