Amazon is cutting about 16,000 jobs in the latest round of mass layoffs for the tech industry. Beth Galetti, a senior vice ...

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

The e-commerce giant has been cutting costs while pouring resources into building data centers to compete in the race to dominate artificial intelligence.

The layoffs build on Amazon's job cuts in October, when it let go of 14,000 employees. Together, they represent the largest ...