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Amazon HR chief Beth Galetti told employees the company won’t announce mass layoffs every few months—though individual teams will keep making staffing “adjustments as appropriate.” The careful wording follows 16,000 job cuts earlier this week and 14,000 in October last year. Company’s top leadership framed the job cuts as part of CEO Andy Jassy’s push…
Amazon has begun mass layoffs impacting 16,000 corporate employees, with internal communications revealing AWS and retail divisions bearing the brunt. Teams involved in AI cloud services, data warehousing, and Prime subscriptions are among those affected. This move aligns with CEO Andy Jassy’s vision of operating like a “world’s largest startup,” emphasizing speed and ownership. Amazon…
Amazon is cutting another 16,000 corporate jobs, bringing the total to 30,000, its largest workforce reduction ever. This move, driven by a massive $125 billion investment in AI and a push for greater efficiency, comes despite record profits. The company is also closing its Go and Fresh stores and discontinuing its palm-scanning payment system, signaling…
As Amazon prepares for another round of corporate layoffs, employees were rattled on January 27, after receiving a calendar invite titled, ‘Send Project Dawn email’. The invitation sent by the company is linked to an internal invitation which is aimed at improving efficiency. As reported by Business Insider, the email was sent by an assistant…
Amazon is planning to cut approximately 14,000 corporate jobs starting next week, marking the second major layoff wave since October and bringing total reductions to 30,000 roles. CEO Andy Jassy clarified the cuts aren’t driven by AI or financial concerns but by excessive bureaucracy and organizational layers. The layoffs will affect employees across AWS, retail,…
Anduril founder Palmer Luckey (left) with Meta founder Mark Zuckerberg Palmer Luckey, the Oculus founder whom Meta CEO Mark Zuckerberg fired after acquiring his company for $2 billion, has now shared his opinion on the latest round of layoffs at Meta. Luckey expressed sympathy for those affected and has also argued that the job cuts…
Microsoft has vehemently denied widespread layoff rumors, with a top executive calling reports of up to 22,000 job cuts “completely false.” Speculation, fueled by past workforce reductions and a significant AI investment, suggested cuts across Azure, Xbox, and sales. However, the company insists these claims are entirely fabricated, aiming to quell anxieties about its future…
Is AI leading to layoffs? This is the biggest question that analysts across spectrum have been trying to gauge. Goldman Sachs’ recent economic analysis shows a bifurcated picture of artificial intelligence’s impact on the workforce. The findings are claimed to be based on an analysis of third quarter corporate earnings of nearly all the S&P…
Layoffs can be called as one of the ‘biggest’ words of 2025. Companies across sectors cut jobs. Some reasoned them on automation and some on restructuring or other factors. However, according to Goldman Sachs analysts, the era of Wall Street rewarding companies for cutting staff in the name of artificial intelligence may be coming to…
US unemployment benefit claims fell again last week, underscoring a labour market that remains broadly stable even as hiring momentum shows signs of cooling, according to data released by the Labor Department.Applications for jobless aid dropped by 10,000 to 214,000 for the week ended December 20, down from a revised 224,000 a week earlier, AP…
