E-commerce giant Amazon confirmed Tuesday it will cut 14,000 corporate jobs as the retailer invests in artificial intelligence.
Beth Galetti, senior vice president of People Experience and Technology at Amazon, said the layoffs are part of a broader strategy that could slash 30,000 positions, or about 10% of corporate staff.
"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)," Galetti wrote in a note to employees. "We're convicted that we need to be organized more leanly, with fewer layers and more ownership, to move as quickly as possible for our customers and business."
Galetti said hiring will continue in some areas,

West Kentucky Star

Journal Record
Syrancuse.com
CNET
Reuters US Economy
AlterNet