Amazon.com Inc. (AMZN)
The Fed Is Looking for Signals From Job Market. Amazon May Have Sent a Message.
Big jobs cuts at the online retailer offer a glimpse into the future.
Amazon Will Cut 14,000 Jobs as AI Takes on Bigger Role
Amazon.com Inc. plans to eliminate roughly 14,000 corporate jobs just months after Chief Executive Officer Andy Jassy warned that AI will shrink the company's workforce. Reuters reported earlier that as many as 30,000 people would lose their jobs.
Amazon may lay off 30,000 corporate employees
Amazon plans to lay off as many as 30,000 corporate employees this week, Reuters first reported on Oct. 27, citing anonymous sources.
5 Things to Know Before the Stock Market Opens
Stock futures are inching higher after major indexes closed at record highs yesterday amid optimism about trade talks between the U.S. and China; Amazon is eliminating 14,000 corporate positions; the Federal Reserve is scheduled to begin its two-day policy meeting, with investors expecting the central bank will cut interest rates; UnitedHealth shares are rising after the health insurer raised its full-year outlook; and UPS stock is surging following better-than-expected results from the shipping giant. Here's what you need to know today.
Uncertainty for UK workers as Amazon to cut 14,000 jobs globally
As many as 14,000 corporate jobs are to go at tech giant Amazon, the company announced.
Amazon to cut 14,000 jobs. Credit — or blame — goes to AI.
Amazon.com on Tuesday announced job cuts of 14,000, as the megacap tech company said it needs to better prepare for the impact of artificial intelligence.
Amazon to cut 14,000 corporate jobs
Amazon plans to cut 14,000 corporate jobs, the company announced Tuesday. The company said the cuts are to help it operate "like the world's largest startup.
Amazon to lay off about 14,000 roles
Amazon said on Tuesday it will reduce its corporate workforce by about 14,000 roles.
Amazon to cut nearly 30K corporate jobs in largest layoff in company history: report
The biggest corporate layoff in Amazon's history will reportedly eliminate 30,000 jobs across multiple divisions as part of a major restructuring effort.
Amazon to Cut 30,000 Corporate Jobs Amid Drive to ‘Decrease Bureaucracy'
Amazon reportedly plans to start cutting as many as 30,000 corporate jobs Tuesday (Oct. 28) as part of an effort to reduce the amount of bureaucracy and the number of managers at the company.
Amazon May Lay Off 30,000 Employees After News The Company Plans Mass Automation, Report Says
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