Amazon Cuts 14,000 Corporate Jobs
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The labor market slowed sharply in recent months. The labor market slowed sharply this summer, leaving job applicants with fewer places to turn for a new position. Employers added an average of about 35,000 jobs over three months ending in July, which ...
City of London veteran Quentin Nason says Gen Z should "think big" and turn to entrepreneurship as AI and automation shrink entry-level career paths.
Amazon's layoffs add to the thousands of tech jobs lost this year from industry giants like Microsoft and Meta, which have conducted layoffs as they pump more money into AI infrastructure.
E-commerce giant Amazon has announced more layoffs impacting 14,000 corporate roles. A memo by Beth Galetti, a senior vice president at Amazon, was posted Tuesday discussing "organizational changes across Amazon that will impact some of our teammates.
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Amazon to lay off thousands of jobs
Chief business correspondent Rebecca Jarvis has the details on the cuts affecting tens of thousands of employees.