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Amazon is reportedly preparing to cut as many as 30,000 corporate jobs, marking the tech giant’s biggest layoff to date and a historic workforce reduction amid AI automation reshaping its corporate ...

After Federal Reserve Chair Jerome Powell said Wednesday that a December rate cut is not a “foregone conclusion,” it particularly weighed on small-cap companies, according to Joe Mazzola, head of ...

Amazon confirmed Tuesday that it is cutting 14,000 jobs, a day after reports emerged that it was looking to slash as many as 30,000 positions. Shares of Amazon were mostly flat Tuesday morning, after ...

Amazon plans to cut roughly 10% of its corporate workforce, as it seeks to slim down, conserve cash and further employ AI. WSJ’s Jon Emont explains how a slew of billion-dollar deals is reshaping the ...

Amazon to cut 14,000 jobs amid AI adoption Layoffs affect multiple divisions, including AWS and Prime Video AI seen as transformative, enabling faster innovation, Amazon says Oct 28 (Reuters) - Amazon ...

Amazon is expected to trim as many as 30,000 corporate jobs Tuesday. The reduction would impact 10% of the company’s 350,000 office workers, according to CNBC. Sources said the cuts are meant to ...

(NEW YORK) -- Amazon has announced that it will cut an estimated 14,000 jobs from its corporate workforce as it focuses on “reducing bureaucracy, removing layers, and shifting resources,” according to ...

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 CEO Andy Jassy on stage at the 2022 New York Times DealBook on November 30, 2022 in New York City. (Credit: Thos Robinson/Getty Images) Amazon is laying off roughly 14,000 people across the ...

Amazon confirmed plans to reduce its corporate workforce, impacting 14,000 employees. The company cited a need to be more lean and the increasing prevalence of artificial intelligence as reasons for ...

Amazon is planning to cut as many as 30,000 corporate jobs beginning on Tuesday (October 28), as the company pares expenses and compensates for overhiring during the peak demand of the pandemic, ...