Amazon cuts 14,000 corporate jobs
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GYEONGJU, South Korea (Reuters) -Amazon Web Services will invest at least $5 billion in South Korea by 2031 to build new artificial intelligence data centres in the Asian country, South Korea's presidential office said on Wednesday.
On social media and elsewhere, impacted employees and others reacted to Amazon's decision to cut 14,000 corporate and tech workers across numerous divisions.
The company didn’t say how many video-game jobs will be cut, but noted in a memo Tuesday that “significant role reductions” would fall on its offices in Irvine and San Diego, as well as its central publishing division.
Following its latest mass layoff announcement, Amazon is shifting away from game development and ending support for New World.
8hon MSN
Amazon layoffs: What we know so far about the teams and roles affected, from internal messages
Amazon announced Tuesday that it plans to cut 14,000 corporate jobs as part of a broader effort to become leaner in an era shaped by AI.
Amazon caught everyone off guard by slashing prices across all capacities without any advance warning, and these deals represent all-time lows for Samsung’s latest mainstream storage champion: The 2TB model dropped from $176 down to just $139, the 1TB version fell to $74 from $104, and the massive 4TB capacity plummeted to $249 from $327.
The AI-related layoffs at Amazon and some other firms reflect a "hollowing out of middle-skilled workers," Lynn Wu, a professor of operations, information and decisions at the University of Pennsylvania, told ABC News.
The impending corporate layoffs amount to the largest such job reduction in the company's history, CNBC and Reuters reported, citing anonymous sources.Start the day smarter. Get all the news you need in your inbox each morning.