Amazon will cut about 14,000 corporate jobs as the online retail giant ramps up spending on artificial intelligence

Amazon confirmed plans to reduce its corporate workforce, impacting 14,000 employees. The company cited a need to be more lean and the increasing prevalence of artificial intelligence as reasons for the cuts.

Just one week after a report that Amazon wanted to replace 75% of its workforce with robots, the online retail giant has announced that it is laying off 14,000 employees to reduce "bureaucracy" and invest in "our biggest bets" -- namely,

SAN FRANCISCO (Reuters) -Amazon is planning to cut as many as 30,000 corporate jobs beginning Tuesday, as the company works to pare expenses and compensate for overhiring during the peak demand of the pandemic,

In a note to employees, the retail giant pointed to AI, calling it the most "transformative technology we've seen since the Internet."

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.

Amazon will cut about 14,000 corporate jobs as the online retail giant ramps up spending on artificial intelligence.

Amazon announced Tuesday that it plans to cut 14,000 corporate jobs as part of a broader effort to become leaner in an era shaped by AI.