As the e-commerce behemoth increases its investment in AI, Amazon announced on Tuesday that it will be laying off approximately 14,000 corporate employees.
There will be 30,000 job cuts at Amazon, or 10% of the corporate workforce, and this is the first round of layoffs.
‘Some may ask why we’re decreasing roles while the firm is performing well,’ wrote Beth Galetti, an HR lead at Amazon, in a public note.
The world is changing at a rapid pace, and we must keep this in mind. Companies are now able to develop at a rate never seen before, thanks to this generation of AI, which is the most revolutionary technology since the internet.
Generative AI will likely lead to a reduction in Amazon’s corporate personnel in the next years, according to CEO Andy Jassy, who has been actively pursuing cost cuts since becoming CEO in 2021. This prediction was made in June.
The CEO of Amazon stated back then that the firm was working on or had already built over a thousand generative AI services and apps, but that this was just a “small fraction” of their future intentions.
After that, it was reported that the business would be investing $10 billion in North Carolina to enhance its AI and cloud computing infrastructure.
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