Amazon will release its quarterly financial results after the stock market closes on Thursday, Oct. 30, just days after the company announced it’s laying off 14,000 employees as it scales its artificial intelligence efforts.

Reuters initially reported that the number could be as high as 30,000.

The company’s Chief Executive Officer, Andy Jassy, said in June that the company would reduce its labor force as it tries to increase its use of AI to do jobs that a human would normally do. The reductions are impacting the company’s logistics and payments, video games and cloud-computing teams.

It's the company’s second round of layoffs this year.

Amazon currently employs about 1.55 million people across the globe. The 14,000 estimated reductions account for 4% of the company’s corporate w

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