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Top GeekWire News

Amazon cuts 14,000 corporate jobs as spending on artificial intelligence accelerates — REUTERS / pwu404

Amazon · United States

Amazon cuts 14,000 corporate jobs as spending on artificial intelligence accelerates

55% Center coverage: 417 sources

Amazon will cut about 14,000 corporate jobs as the online retail giant ramps up spending on artificial intelligence while cutting costs elsewhere. In June CEO Andy Jassy, who has aggressively sought to cut costs since becoming CEO in 2021, said that he anticipated generative AI would reduce Amazon’s corporate workforce in the next few years.See the Story

'Rising Tide of Layoffs' in Virginia: Is It Stabilization or a Slow Down of the Economy?

'Rising Tide of Layoffs' in Virginia: Is It Stabilization or a Slow Down of the Economy?

80% Center coverage: 5 sources

Goochland-based used car company CarMax announced it will cut 350 jobs nationwide this week, following Amazon's decision to eliminate more than 10,000 positions.See the Story

‘It’s Culture’: Amazon CEO Says Massive Seattle Corporate Layoffs Were About Agility — Not AI or Cost-Cutting

Andy Jassy · Seattle

‘It’s Culture’: Amazon CEO Says Massive Seattle Corporate Layoffs Were About Agility — Not AI or Cost-Cutting

75% Right coverage: 4 sources

Amazon slashed 4% of its 350,000-person global corporate workforce, marking one of the largest job cuts in the company's history.See the Story

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