Amazon prepares for major layoffs among office workers

Amazon announces significant job cuts, focusing on AI investment: The tech giant eliminates around 14,000 corporate roles, citing the need to allocate resources more effectively and invest heavily in AI for faster innovation and agile business decisions. The company offers support to affected employees and faces scrutiny from investors and analysts as the tech industry watches for the impact of these changes. The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.