Amazon to slash 14,000 jobs in cost-cutting drive

Andy Jassy says AI’s efficiency gains will reduce Amazon’s corporate staff headcount - REUTERS/Mike Blake Amazon is preparing to cut 14,000 staff in one of its biggest ever rounds of job losses. The US tech giant announced the redundancies on Tuesday, with almost 5pc of its corporate workforce to be let go. The company said the cuts were an attempt to cut bureaucracy. It also comes as Amazon relies increasingly on artificial intelligence (AI) to automate white collar work, although the company said thi ...