Amazon to Lay Off 16,000 Workers, Citing AI as a Key Factor

— New York Post
Key Takeaway
Amazon is laying off 16,000 corporate employees, attributing the job cuts to the increased use of artificial intelligence in their operations. This follows a previous layoff of 14,000 workers, as the company aims to streamline its workforce amidst a changing technological landscape.
Amazon's latest round of layoffs is set to hit 16,000 corporate employees starting Wednesday -- with the tech titan suggesting artificial intelligence will do their work, instead.
Original reporting — we curate and summarize for context
Related Stories
Block Announces Layoff of 4,000 Workers, Citing AI as a Key Factor
In a letter to the company, CEO Jack Dorsey said AI tools are making fundamental changes to “what it means to build and run a company.” But tech experts say pandemic overhiring and overly-ambitious promises of AI have had a role in tech layoffs.
Block Lays Off 4,000 Employees, Citing AI Efficiency Gains
BANGKOK -- Shares in the financial technology company Block soared more than 20% in premarket trading Friday after its CEO announced it was laying off more than 4,000 of its 10,000 plus employees, reconfiguring to capitalize on its use of artificial intelligence.
Block to Cut Workforce by Nearly 50% Due to AI Advances, Says Jack Dorsey
Jack Dorsey reveals how AI is driving job losses at Block, reshaping the future of work and sparking controversy in the tech industry. Find out more.