Amazon cuts 16,000 jobs amid AI shift, post-pandemic restructuring

Amazon is slashing about 16,000 corporate jobs in the second round of mass lay-offs for the e-commerce company in three months. The tech giant has said it plans to use generative artificial intelligence to replace corporate workers. It has also been reducing a workforce that increased during the pandemic. Beth Galetti, a senior vice-president at Amazon, said in a blog post on Wednesday that the company has been “reducing layers, increasing ownership, and removing bureaucracy”. The company did...