Amazon Plans To Cut 15% Of HR Staff, More Layoffs Expected Across Divisions: Report
- Benzinga - News
- Updated
Amazon plans to cut up to 15% of its HR staff as it ramps up $100B in AI investments. The layoffs follow earlier cuts in Books and Fashion divisions, even as shares have climbed over 20% in six months.
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Amazon will cut about 14,000 corporate jobs as the online retail giant ramps up spending on artificial intelligence.
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