Amazon says it's reducing bureaucracy as CEO Andy Jassy seeks to drastically cut costs. Photo: AP PHOTO

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

Subscribe now for unlimited access .

Login or signup to continue reading All articles from our website The digital version of Today's Paper All other regional websites in your area Continue

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

Jassy said at the time that Amazon had more than 1000 generative AI services and applications in progress or built, but that figure was a "small fraction" of what it planned

See Full Page