Amazon confirms 14,000 layoffs after CEO says AI likely to lead to job losses.

One of America’s largest employers is planning major layoffs, according to Reuters, an indication of major shifts coming to the labor market.

If confirmed, the cuts in Amazon's corporate ranks could mark the company's biggest layoffs in several years.

The company said it's cutting roles in order to help make the company leaner and less bureaucratic, while it looks to invest in generative AI.

The tech firm say they will continue hiring in some areas but will overall reduce their headcount

Amazon confirms 14,000 layoffs after CEO says AI likely to lead to job losses.

Amazon announced plans to layoff around 14,000 of its corporate workforce as it shifts to investing more in AI amid CEO Andy Jassy's ongoing cost-cutting drive.

The layoffs come as Amazon aggressively spends on AI.

Amazon's latest cuts fed into anxiety about AI replacing workers. But some are sceptical that recent layoffs are a telling sign of how AI is affecting employment.

As Amazon slashes 14,000 white-collar roles and the U.S. approaches a million job cuts this year, AI’s first major labor casualty might be emerging.