Amazon to Cut 14,000 Jobs as Focus Shifts to Artificial Intelligence | Vantage With Palki Sharma

Amazon has announced plans to cut around 14,000 jobs as it restructures to become "leaner" and focus on artificial intelligence. Affected employees will have 90 days to apply for new roles within the company before receiving severance pay and health benefits. The move follows earlier layoffs between 2022 and 2023, during which Amazon cut approximately 27,000 corporate jobs. This year, the company plans to invest approximately $118 billion in AI and cloud infrastructure. Across the tech industry, firms like Microsoft, Google, and Meta have also announced mass layoffs as they shift spending and hiring towards artificial intelligence-driven operations.

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Amazon Layoffs | Artificial Intelligence | Unemployment | Amazon Cost Cutting | Tech Layoffs | Firstpost | World News | News Live | Vantage | Palki Sharma | News

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