Uncertainty for UK workers as Amazon to cut 14,000 jobs globally

Core Points - Amazon announced the elimination of up to 14,000 corporate jobs, with the impact on its 75,000 UK workforce still unclear [1] - The job cuts are attributed to the rapid growth of artificial intelligence (AI), which is transforming the industry [1][3] - Despite the layoffs, Amazon will continue hiring in key strategic areas to enhance efficiency and meet customer needs [4] Company Response - Beth Galetti, Amazon's senior vice president, addressed concerns regarding job cuts amid the company's strong financial performance, emphasizing the need to adapt to a rapidly changing world [2][3] - The company is prioritizing those who lose their jobs for new openings within Amazon to assist in their transition [3] Strategic Focus - Amazon is reallocating resources to focus on its most significant investments and customer needs, aiming to remove layers and increase ownership for efficiency gains [4]