Record Job Cuts at Amazon and UPS
Amazon plans to lay off around 14,000 employees, marking another round of cost-cutting to streamline operations and reduce bureaucracy.
This generation of artificial intelligence is the most revolutionary technology since the creation of the internet, enabling companies to innovate faster than ever before — both in existing markets and entirely new ones.
The reductions primarily impact administrative, technology, and HR teams, with potential cuts affecting up to 30,000 employees, according to Reuters.
Author's summary: Amazon lays off 14,000 employees.
More News
- Can Hollywood Get Veterans Right—and Could It Actually Save Lives?
- Record Job Cuts at Amazon and UPS. AI and Reorganization Changing the Face of Logistics
- Disney Ended Doctor Who Partnership for These 3 Reasons
- How Discrimination and Stress Impact the Mental Health of Young Sexual Minority Men
- Homestead preschool teacher accused of pushing and grabbing 3-year-old faces judge - WSVN 7News | Miami News, Weather, Sports | Fort Lauderdale
- The Tech Symphony: AI's Crescendo and the Gadget Orchestra
- Trump Goes Full Dictator With Bonkers Threat to Use Air Force and Navy in U.S. Cities
- CNN announces election night coverage plans, including All Access-only ‘livecast’
- Auto loan fraud growing among low-risk auto borrowers
- ‘Mercy’ Sci-Fi Thriller Film Stars Chris Pratt and Rebecca Ferguson – Trailer and Release Date - Movie Vine