Amazon announced 16,000 job cuts, completing a plan for 30,000 layoffs since October to strengthen the company by reducing bureaucracy and increasing automation. The cuts are linked to AI advancements and pandemic-era overhiring.

Amazon CEO Andy Jassy ominously warned Tuesday that he expects the rise of generative artificial intelligence to “reduce” the company’s corporate workforce in the next few years. The Amazon boss, who replaced Jeff Bezos as CEO in 2021, said ...

Amazon CEO Andy Jassy has warned employees that artificial intelligence will lead to workforce reductions in the coming years, particularly among the company’s white-collar roles. In a memo reportedly dated June 17, Jassy told staff that as Amazon ...

Andrew Kessel was a breaking news writer for Investopedia until October 2025. He previously covered markets for Proactive Investors, with a focus on small-cap stocks in fintech, healthcare, mining, and other sectors. Bloomberg / Getty Images Amazon CEO ...

The Amazon.com, Inc. BHM1 fulfillment center is seen before sunrise on March 29, 2021 in Bessemer, Alabama. - Votes are set to be counted on March 29, 2021 on whether to create the first Amazon union in the United States, at a warehouse in Alabama, after a ...