Amazon cuts 16,000 jobs in latest layoff round, India employees among those affected: Report | business News

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Amazon cuts 16,000 jobs in latest layoff round, India employees among those affected: Report | business News & more related News Here

Amazon announced Wednesday it will cut 16,000 corporate positions, marking the company’s second major layoff in the past four months. The layoffs represent the latest large-scale workforce cuts since October, when Amazon cut 14,000 roles. The Amazon logo is displayed at a press conference in New York (AP) Internal Slack messages reportedly revealed that those…

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Amazon announces 16,000 job cuts amid ‘increasing competition on AI’ business News

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Amazon announces 16,000 job cuts amid ‘increasing competition on AI’ business News & more related News Here

Amazon.com Inc. has announced layoffs affecting more than 16,000 corporate jobs, amid “increasing competition over AI.” Amazon CEO Andy Jassy. (Reuters) Beth Galetti, senior vice president of people experience and technology at Amazon, said in a blog post on Wednesday that the company will offer US-based employees 90 days to search for a new role…

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