Amazon is slashing about 16,000 corporate jobs in the second round of mass layoffs for the ecommerce company in three months.
Amazon said Wednesday it is eliminating about 16,000 corporate jobs as part of “organizational changes” across the company.
After a decade of experimentation and expansion, the company says it wasn't able to find the right model for its Amazon-branded grocery and convenience stores.
The e-commerce giant has been cutting costs while pouring resources into building data centers to compete in the race to dominate artificial intelligence.
Amazon announced the second major round of layoffs in three months, as it restructures after pandemic-era over-hiring and expands the adoption of artificial intelligence tools.
Amazon is laying off 16,000 employees, the company’s second round of massive job reductions in two months as it fights to improve its standing in the battle for AI supremacy.
Amazon is cutting 16,000 jobs across its ranks — a second major round of layoffs for the company in recent months.
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