Workflow
Investors and workers are growing increasingly divided on AI, while Amazon cuts jobs
AmazonAmazon(US:AMZN) Yahoo Financeยท2025-10-28 16:27

Core Insights - Amazon is leveraging AI to enhance profits, leading to significant job cuts, which has created a divide between investors and workers regarding the impact of AI on productivity and employment [1][3][5] Group 1: AI and Corporate Strategy - Amazon is cutting 14,000 corporate jobs as part of its strategy to implement automation and AI, with potential plans to eliminate up to 30,000 positions [3][4] - The company aims to operate more efficiently with fewer layers of management to respond quickly to customer needs [4] Group 2: Investor vs. Worker Perspectives - A survey by Just Capital reveals that 96% of investors believe AI will positively impact worker productivity, while only 47% of the general public shares this optimism [5] - There is a notable disagreement on how to distribute the benefits of AI-driven productivity, with 28% of investors prioritizing returns to shareholders [6] Group 3: Market Performance - Amazon's stock has increased by 4% in 2025, which is significantly lower than the S&P 500's 17% gain and the Nasdaq Composite's 23% advance [4]