Amazon laying off about 14,000 corporate workers as it invests more in AI

Core Points - Amazon announced layoffs of approximately 14,000 corporate employees as part of its ongoing cost-cutting measures [1] - The layoffs aim to create a leaner and less bureaucratic organization while focusing on investments in generative artificial intelligence [1][2] - This round of layoffs could potentially be the largest in Amazon's history, with reports suggesting that up to 30,000 employees may be affected [2] Company Strategy - Amazon plans to continue laying off employees in the upcoming year while also hiring in "key strategic areas" [3] - The CEO indicated that the workforce would decrease as the company adopts generative AI, requiring fewer employees for certain roles and more for others [3]