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Amazon cuts 16,000 jobs in its latest round of layoffs

Amazon is slashing about 16,000 jobs in the second round of mass layoffs for the ecommerce company in three months. The tech giant has said it plans to use generative artificial intelligence to replace corporate workers. It has also been reducing a workforce that swelled during the pandemic. Beth Galetti, a senior vice president at Amazon, said in a blog post Wednesday that the company has been “reducing layers, increasing ownership, and removing bureaucracy. ”The latest reductions follow...

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