US EditionAmazon Just Made Deep Job Cuts. Its AI Tools Now Need to Prove It Can Do More with Less.
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7 Articles
Amazon just made deep job cuts. Its AI tools now need to prove it can do more with less.
Amazon will lay off 14,000 of its employees.Kyle Mazza/NurPhoto via ReutersThis post originally appeared in the Business Insider Today newsletter.You can sign up for Business Insider's daily newsletter here.Hello! Wednesday is as good an excuse as any for a happy hour. But when it comes to Wall Street's favorite watering holes, does the Financial District's Stone Street still have the juice? BI's William Edwards went to find out.In today's big s…
Companies like Amazon are betting they can slow hiring and still maximize profits
Amazon is laying off 14,000 workers -- about 4 percent of its workforce. This is part of a larger trend by American companies. They're betting that they can grow without growing their workforces.
The elimination of 14,000 jobs in Amazon’s corporate workforce responds to the need to “make us even stronger by reducing bureaucracy, removing layers and transferring resources,” said Beth Galetti, Senior Vice President of Human Experience and Technology at Amazon. After the company announced the dismissal of about 14,000 workers because of the Artificial Intelligence (IA) application in several of its areas, the executive justified the decisio…
Amazon cuts 14,000 jobs to streamline organization - The Copenhagen Post
Amazon plans to cut 14,000 office jobs, equal to a 4% reduction of its 350,000 office employees. This move is part of streamlining efforts despite the company recording a net profit of $35.3 billion in the first six months of the year, nearly a 50% increase compared to the previous year. The announcement comes amid […]
CORTESY: AMAZON The e-commerce company Amazon has launched a new round of mass layouts that will affect approximately 14,000 corporate jobs. This measure —one of the largest in the company’s recent history — is part of an organizational restructuring aim at reducing management layers, eliminating bureaucracy, and redirecting resources toward strategic areas such as artificial intelligence (AI). READ ALSO. Trader Joe’s is opening new stores in th…
Amazon would make the dismissal of 14,000 employees, as part of its objectives to reduce bureaucracy and accelerate innovation in the new era of Artificial Intelligence (IA), as explained by Beth Galetti, senior vice president of Technology and People's Experience, on a company blog. The dismissals announced by the e-commerce giant would be part of a broader plan to eliminate up to 30,000 corporate positions starting this week, according to Reut…
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