Record Job Cuts at Amazon and UPS
Amazon plans to lay off around 14,000 employees, aiming to streamline operations and reduce bureaucracy.
This generation of artificial intelligence is the most revolutionary technology since the creation of the internet, enabling companies to innovate faster than ever before — both in existing markets and entirely new ones.
According to sources, the cuts could affect up to 30,000 employees, primarily impacting administrative, technology, and HR teams. Author summary: Amazon cuts 14,000 jobs.
- Amazon's largest layoffs in history
- Redundancies aim to reduce bureaucracy and invest in generative artificial intelligence (GenAI)
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