Oct 28 (Reuters) - Amazon ( AMZN ) said on Tuesday it
will reduce its corporate workforce by about 14,000 roles, as
the tech giant cuts down on operational layers to limit costs
amid ballooning investments in artificial intelligence.
The company had about 1.56 million full-time and
part-time employees at the end of last year. Amazon's ( AMZN ) corporate
workforce includes roughly 350,000 employees.
Reuters first reported on Monday that Amazon ( AMZN ) is planning to
cut as many as 30,000 corporate jobs beginning on Tuesday, as
the company compensates for over-hiring during the peak demand
of the pandemic.
Amazon ( AMZN ) has been restructuring its workforce across multiple
divisions in recent months, with piecemeal job cuts across its
books, devices and services unit, as well as its Wondery podcast
division.
CEO Andy Jassy said in June growing adoption of
generative AI tools would reduce total corporate workforce at
the e-commerce giant in the next few years.
Corporations are increasingly using AI to write code for
their software and adopting AI agents to automate routine tasks,
as they look to save costs and cut reliance on people.