SEATTLE / LONDON (IT BOLTWISE) – Amazon is facing one of the largest waves of layoffs in its corporate history. Up to 30,000 employees could be affected as the company seeks to reduce excess capacity created during the pandemic and prepare for a more efficient future with artificial intelligence.
Today’s daily deals at Amazon! ˗ˋˏ$ˎˊ˗
Amazon, the e-commerce giant, is planning to drastically reduce its corporate workforce. According to reports, up to 30,000 employees could be affected, representing almost 10% of the company’s total workforce. This measure follows an already significant wave of layoffs at the end of 2022, which saw around 27,000 jobs cut. The decision comes just before the release of the latest quarterly results, indicating a strategic move to reduce costs and adapt to changing market conditions.
The pandemic led to an unprecedented surge in demand for online services, prompting Amazon to significantly expand its workforce. Now that demand has normalized, the company is forced to rethink its workforce strategy. According to industry reports, the current layoffs are part of a broader plan to increase efficiency and reduce excess capacity caused by the pandemic.
Amazon CEO Andy Jassy has in the past highlighted the importance of artificial intelligence for the company’s future. In an internal memo, he emphasized that generative AI would fundamentally change the way Amazon works. This could lead to a reduction in the workforce as certain tasks are automated, while at the same time new fields of work that require specialized skills emerge.
The impact of these layoffs on the market is still unclear, but experts expect that other major technology companies could take similar steps to optimize their cost structures. The introduction of AI technologies could lead to a realignment of jobs in the long term, with a focus on technology-based roles. This could also mean a shift in the demand for certain skills in the labor market.
The future of Amazon and other technology companies will depend heavily on their ability to adapt to rapidly changing technological and economic conditions. Integrating AI into business processes could present both challenges and opportunities, particularly in terms of improving efficiencies and creating new business areas. It remains to be seen how these developments will impact the global technology industry.
*Order an Amazon credit card with no annual fee with a credit limit of 2,000 euros! a‿z
Bestseller No. 1 ᵃ⤻ᶻ “KI Gadgets”
Bestseller No. 2 ᵃ⤻ᶻ “KI Gadgets”
Bestseller No. 3 ᵃ⤻ᶻ “KI Gadgets”
Bestseller No. 4 ᵃ⤻ᶻ «KI Gadgets»
Bestseller No. 5 ᵃ⤻ᶻ “KI Gadgets”
Please send any additions and information to the editorial team by email to de-info[at]it-boltwise.de. Since we cannot rule out AI hallucinations, which rarely occur with AI-generated news and content, we ask you to contact us via email and inform us in the event of false statements or misinformation. Please don’t forget to include the article headline in the email: “Amazon plans massive job cuts in the corporate sector”.
The post Amazon is planning massive job cuts in its corporate sector appeared first on Veritas News.
