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Amazon closes Shanghai AI research lab in latest cost-cutting move
AmazonAmazon(US:AMZN) CNBCยท2025-07-23 15:08

Core Insights - Amazon is closing its artificial intelligence research lab in Shanghai as part of a broader strategy adjustment amid U.S.-China tensions [1][2] - The decision to disband the team was communicated by an applied scientist at the lab, indicating that it was a result of strategic realignment [1] - Amazon Web Services (AWS) has also seen layoffs, particularly affecting U.S. teams focused on marketing, training, and certification [2] Group 1 - Amazon's closure of the Shanghai lab is a significant move in response to geopolitical tensions [1] - The company is making difficult business decisions to eliminate roles across specific teams within AWS [1][2] - The layoffs at AWS are part of a larger trend of cost-cutting measures within the organization [2]