Online retail giant Amazon has announced it will cut about 14,000 corporate jobs as the company ramps up spending on artificial intelligence while cutting costs elsewhere.
Breakdown
- Amazon is cutting 14,000 corporate jobs as it prepares for wider AI adoption. 4s
- The company has not specified which regions will be most affected by the layoffs. 29s
- The cuts represent about 4% of Amazon's corporate workforce. 1m 47s
- Artificial intelligence is cited as a major factor driving the restructuring. 2m 11s
- Most affected employees will have 90 days to find new roles within Amazon. 1m 23s
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