Amazon announced plans to lay off 14,000 employees on Tuesday as part of its ongoing cost-cutting measures. The company also indicated plans to invest in its “biggest bets” and hailed the transformative powers of artificial intelligence.

“While this will include reducing in some areas and hiring in others, it will mean an overall reduction in our corporate workforce of approximately 14,000 roles. We’re working hard to support everyone whose role is impacted, including offering most employees 90 days to look for a new role internally (the timing will vary some based on local laws), and our recruiting teams will prioritize internal candidates to help as many people as possible find new roles within Amazon. For our teammates who are unable to find a new role at Amazon or who choose not to lo

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