Amazon could invest up to $50B in OpenAI
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Amazon Cuts 16,000 Jobs in Latest Round of Layoffs
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Amazon has been "working to strengthen our organization by reducing layers."
The layoffs mark the second round of mass cuts at Amazon since last October, when the company laid off roughly 14,000 employees across its corporate workforce.
Amazon said Wednesday it was slashing another 16,000 jobs across the company in an ongoing bid to restructure the sprawling trillion-dollar firm.
Amazon announces another mass layoff as CEO Andy Jassy takes aim at bureaucracy and seeks a cultural reset.
Amazon sent a notice out to staffers in an apparent error acknowledging "organizational changes" at the company.
From road trip essentials to in-flight accessories, here are 47 practical travel products from Amazon from top brands like Samsonite, Apple and more.
Amazon said it is discontinuing Amazon One. The technology enables users to use their palms for actions such as payments and venue check-ins. This comes after the company said it will close all its Amazon Fresh and Amazon Go stores.
Amazon slashed 14,000 white-collar jobs in late October, with CEO Andy Jassy stressing the need for the company to eliminate excessive bureaucracy by trimming operational levels and reducing the number of managers.