Amazon will cut 14,000 corporate roles, nods to AI

Amazon on Tuesday said it would cut 14,000 corporate roles, in an effort to thin out bureaucracy and be more flexible in an AI-driven era.

Why it matters: Big companies are starting to cut back headquarters positions in an uncertain economy, where AI is increasingly capable of supplanting many roles.

What they're saying: "What we need to remember is that the world is changing quickly. This generation of AI is the most transformative technology we've seen since the Internet, and it's enabling companies to innovate much faster than ever before (in existing market segments and altogether new ones)," Amazon senior vice president Beth Galetti wrote in a blog post. • "We're convicted that we need to be organized more leanly, with fewer layers and more ownership, to move as quickly as possibl