Amazon's HR chief also explained the 14,000 cuts in part by saying AI is helping companies innovate faster.

Amazon is betting that its large language model is large enough to do the jobs of 14,000 humans. The company announced in a memo today that it would be cutting 14,000 corporate jobs as part of its larger aim of “reducing bureaucracy,

Amazon has announced an approximately 14,000 person reduction in its corporate workforce. The news follows an earlier report from Reuters that up to 30,000 people could be let go. However, the exact number of layoffs is unclear, with the 14,000 figure being cushioned by planned hirings.

Amazon MGM Studios was impacted by the broader layoffs that Amazon announced Tuesday as the company harnesses AI technology.

Walmart and OpenAI join forces to bring AI-powered shopping to ChatGPT, forever changing search, discovery, and retail competition with Amazon.

AWS’s market share has fallen from nearly 50% in 2018 to 38% as Microsoft, Google and upstart cloud companies gain ground rapidly. Amazon is replacing executives and reorganizing teams to speed up AI product launches and restore AWS’s once-commanding competitive advantage.

Amazon is leaning deeper into artificial intelligence and robotics to reshape its operations and retail strategy, and analysts are raising their targets and outlook ahead of the company’s Q3 earnings on Oct.

Amazon's AI systems and advanced technology will create a "safe, more productive" environment for employees as the e-commerce giant plans to avoid hiring 600,000 workers by 2033.