Amazon to cut 30,000 corporate jobs
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On Tuesday, Amazon laid off 14,000 employees in an effort to improve operations by removing layers of bureaucracy, according to a company announcement posted by Senior Vice President of People Experience and Technology, Beth Galetti.
As Amazon trims staff and makes a bigger push toward AI and robotics, Jassy said the latter was also a "very substantial area of investment" for the company, with more to come. He also said the machines would make the company's warehouses safer and more productive.
We have crunched the numbers and here is our best estimates about Amazon’s share price through the rest of the decade.
Amazon.com (AMZN) grabbed headlines with a combination of strong third-quarter earnings and the announcement of its largest-ever round of corporate layoffs. The company posted higher revenue and profits,
Amazon.com, Inc. outperformed expectations for Q3 2025, with AWS and Ads growth accelerating. Learn more about AMZN stock here.
Whether you’re as relaxed as Buffett regarding automation or not, you can control how prepared you are for any disruptions. Here’s what you can do now.
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Amazon defends ambitious AI strategy that could prevent 600,000 future hires through innovation
Amazon's AI systems and advanced technology will create a "safe, more productive" environment for employees as the e-commerce giant plans to avoid hiring 600,000 workers by 2033.
Artificial Intelligence. This morning on Good Day Seattle, John Boyd from The Boyd Company joins us to discuss how these AI-driven job cuts could impact American workers and reshape the future of careers.
Starting early Tuesday morning, thousands of workers for Amazon Web Services began receiving texts and emails baring the bad news.
Amazon's Delivering the Future Summit in California showcased AI-powered robotics and the future of the e-commerce giant's delivery wing.
Deep in Brazil's Amazon, scientists have built a "time machine," pumping carbon dioxide into the rainforest canopy to simulate atmospheric conditions predicted for the future, to gauge how the biome adapts.