Amazon is cutting about 14,000 corporate jobs, marking a 4% reduction of ifs corporate workforce, as it ramps up spending on artificial intelligence.
The company’s announcement comes after reports began circulating Monday about massive job cuts.
Teams and individuals impacted by the layoffs will be notified on Tuesday, the company confirmed. Most workers are being given 90 days to look for a new position internally, Beth Galetti, Senior Vice President of People Experience and Technology at Amazon, wrote in a memo to employees, according to Reuters .
Those who are unable to find a new role at the company or who opt to not look for one internally will receive severance pay, outplacement services and health insurance benefits, the outlet reported.
Amazon’s total workforce is about 1.5

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