Amazon will cut about 14,000 corporate jobs as the online retail giant ramps up spending on artificial intelligence.

In June CEO Andy Jassy, who has aggressively sought to cut costs since becoming CEO in 2021, said that he anticipated generative AI would reduce Amazon’s corporate workforce in the next few years.

Stream Los Angeles News for free, 24/7, wherever you are. WATCH HERE

Jassy said at the time that Amazon had more than 1,000 generative AI services and applications in progress or built, but that figure was a “small fraction” of what it plans to build.

Jassy encouraged employees to get on board with the company’s AI plans and a month later, Amazon announced multi-billion dollar investments to expand cloud infrastructure and advance AI innovation in North Carolina, Pennsylvan

See Full Page