Amazon announced massive layoffs on Tuesday, with the retailer planning to lay off about 14,000 employees before the holiday season.
Beth Galetti, senior vice president of people experience and technology at Amazon, said in a statement, “Some may ask why we’re reducing roles when the company is performing well.
“This generation of AI is the most transformative technology we’ve seen since the internet, and it’s enabling companies to innovate much faster than ever before (in existing market segments and altogether new ones). We’re convinced that we need to be organized more leanly, with fewer layers and more ownership, to move as quickly as possible for our customers and business.”
