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Amazon to cut up to 16,000 corporate jobs

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 · 1d
Amazon plans to cut 16,000 jobs as AI competition heats up
Amazon.com Inc. announced plans to terminate about 16,000 corporate employees, ratcheting up efforts to streamline bureaucracy amid rising competition over artificial intelligence.

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 · 1d · on MSN
Amazon to Cut 16,000 Corporate Positions to Trim Bureaucracy
 · 1d · on MSN
Amazon cuts 16,000 jobs globally to undo pandemic-era hiring
Channel NewsAsia Singapore · 1d
Amazon cuts 16,000 jobs globally to undo pandemic-era hiring amid AI push
Amazon said on Wednesday it was cutting 16,000 jobs worldwide in the second major round of layoffs at the company in three months, as it restructures after pandemic-era over-hiring and expands the ado...

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malaymail · 1d
Amazon axes 16,000 corporate jobs, shedding pandemic-era hires amid AI shift
 · 1d
Amazon to reduce workforce by 16,000, company says in email to staff
India Today · 1d
Amazon may have accidently sent a layoff alert to some AWS employees, 16,000 jobs might be impacted soon
In the message, Colleen Aubrey explained that the changes were part of Amazon’s long-term vision of bringing more flexibility.

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 · 1d
Amazon to cut 16,000 corporate jobs
 · 1d
Amazon tells workers it will cut 16,000 jobs worldwide in second big wave of layoffs
1hon MSN

Amazon-backed Anthropic, Pentagon clash over AI safeguards — officials push back against limits on autonomous weapons, surveillance: report

Amazon.com, Inc. AMZN-backed AI developer Anthropic is reportedly in a standoff with the Pentagon over how its artificial intelligence tools can be used. Pentagon Vs. Anthropic: A High-Stakes AI Dispute The dispute centers on whether Anthropic's AI models,
23mon MSN

Amazon in talks to invest $50 billion in OpenAI, expand ties

Amazon.com Inc. is in talks to invest as much as $50 billion in OpenAI and expand an agreement that involves selling computer power to the AI startup, according to a person with knowledge of the matter.
Crain's Chicago Business
2d

Amazon is closing its Fresh grocery and Go convenience stores

Amazon.com Inc. is shuttering its Amazon-branded grocery stores and automated grab-and-go markets, eliminating two centerpieces of its push into physical retail.
3d

Amazon Reaches $1B Settlement With Plaintiffs in Return Policy Litigation

Amazon.com Inc. has reached a settlement, which plaintiffs counsel estimates to total $1 billion, in consumer fraud class action litigation targeting its return policy.
1d

Amazon lays off 16,000 employees to prioritize growth areas

Amazon.com Inc. today announced a round of layoffs that will affect about 16,000 employees.
11h

Amazon’s AI Data Review Sparks Sharp Rise in Child Abuse Reports, Alarming Safety Advocates

Amazon.com Inc.’s efforts to build and refine its artificial intelligence systems have revealed a troubling side effect: a dramatic increase in suspected child sexual abuse material uncovered within data used for AI training.
11d

Amazon Loses Fight To Block Saks Bankruptcy Financing, Says Report: Company Warns Of 'Drastic Remedies'

A U.S. bankruptcy judge has dismissed Amazon.com Inc.‘s (NASDAQ:AMZN) attempt to block a proposed financing deal to aid Saks Global Enterprises during its Chapter 11 bankruptcy. On Thursday, Judge Alfredo Perez approved a preliminary $400 million financing package for Saks following a courtroom battle between the retailer and several creditors,
1don MSN

Stifel Stays Bullish on Amazon (AMZN) Ahead of Earnings

Amazon.com, Inc. (NASDAQ:AMZN) is one of the AI Stocks in Focus on Wall Street. On January 27, Stifel analyst Mark Kelley raised the price target on the stock to $300.00 from $295.00 on Tuesday, while maintaining a Buy rating.
24/7 Wall St.
2d

Amazon Quality Champion

Amazon ranked well in a new American Customer Satisfaction Survey. It is by far the largest among its rivals in terms of revenue.
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