Amazon is laying off 14,000 corporate employees. The company said it's cutting roles to help make the company leaner and less bureaucratic, while it looks to invest in generative artificial intelligence. The layoffs are expected to ultimately be the ...

First the company announced Amazon Fresh and Amazon Go was shutting down. A day later, an additional 16,000 corporate jobs are getting axed too.

Amazon is closing its Fresh grocery stores and Go convenience stores, the company said Tuesday. It will convert some stores to Whole Foods locations.

The company says customer behavior, not store performance, is driving a major shift toward online grocery and Whole Foods growth. Amazon will double down on the Whole Foods brand, killing two of its own physical retail experiments in the process.

Amazon announced a second major round of layoffs at the company in three months.

ABP Live Deep Dive: Amazon has initiated another sweeping round of layoffs, cutting around 16,000 roles globally in what marks its second major workforce reduction in just three months. The decision adds to nearly 30,