Amazon Corporation is set to announce a significant round of layoffs today, according to sources from Reuters and Bloomberg. As reported, up to 30,000 employees will lose their jobs.
Reports indicate that the layoffs will affect several key Amazon divisions, including the gaming sector. However, the exact number of staff to be cut from the gaming teams is unknown.
The media state that through these layoffs, Amazon aims to optimize costs and offset the overhiring that occurred during the COVID-19 pandemic. Additionally, at least partially, the staff reduction is attributed to a focus on developing artificial intelligence technologies. Back in June, Amazon CEO Andy Jassy stated that the corporation intends to utilize AI for an increasing number of tasks, which in the future will lead to layoffs.
Amazon representatives declined to comment to Reuters and Bloomberg regarding the layoff rumors.
Source:
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Author: 360 Technology Group
