
Tech Turmoil: Amazon Cuts Deep, While AI & Apple Face Hurdles
Tech Turmoil: Amazon Cuts Deep, While AI & Apple Face Hurdles
Amazon is cutting 16,000 jobs, following 14,000 layoffs in October, as part of a restructuring effort to reduce layers and bureaucracy, according to company leadership. While Amazon denies a pattern of recurring large layoffs, they acknowledge ongoing evaluations and adjustments, and will continue to hire in strategic areas like AI, while also closing some physical stores to concentrate on increasing capacity. (Source: Multiple news reports)

















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