• Latest
  • Trending
  • All
  • Market Updates
  • Cryptocurrency
  • Blockchain
  • Investing
  • Commodities
  • Personal Finance
  • Technology
  • Business
  • Real Estate
  • Finance
Amazon CEO says it will cut jobs due to AI’s ‘efficiency’

Amazon CEO says it will cut jobs due to AI’s ‘efficiency’

June 18, 2025
Walmart heir Lukas Walton’s $15bn bet on the environment

Walmart heir Lukas Walton’s $15bn bet on the environment

June 18, 2025
Energy Transition

Energy Transition

June 18, 2025
Stocks making the biggest moves premarket: RUN, VERV, TMUS

Stocks making the biggest moves premarket: RUN, VERV, TMUS

June 18, 2025
Consumer Duty Fulfilled – If You Ask the FCA

Consumer Duty Fulfilled – If You Ask the FCA

June 18, 2025
Analysts revamp forecast for Nvidia-backed AI stock

Analysts revamp forecast for Nvidia-backed AI stock

June 18, 2025
JD.com Enters Stablecoin Race Amid US GENIUS Act Push

JD.com Enters Stablecoin Race Amid US GENIUS Act Push

June 18, 2025
Restaurants flash a warning

Restaurants flash a warning

June 18, 2025
US exceptionalism in markets is diminished — but far from dead

US exceptionalism in markets is diminished — but far from dead

June 18, 2025

European indices hold lightly changed at the open today

June 18, 2025
Metaplanet Offers 10X Forward BTC Yield Than Strategy, Which Is Better?

Metaplanet Offers 10X Forward BTC Yield Than Strategy, Which Is Better?

June 18, 2025
The Loonie trades sideways ahead of Wednesday’s Fed rate decision

The Loonie trades sideways ahead of Wednesday’s Fed rate decision

June 18, 2025
Bitcoin treasury companies are an auditor’s nightmare

Bitcoin treasury companies are an auditor’s nightmare

June 18, 2025
Wednesday, June 18, 2025
No Result
View All Result
InvestorNewsToday.com
  • Home
  • Market
  • Business
  • Finance
  • Investing
  • Real Estate
  • Commodities
  • Crypto
  • Blockchain
  • Personal Finance
  • Tech
InvestorNewsToday.com
No Result
View All Result
Home Technology

Amazon CEO says it will cut jobs due to AI’s ‘efficiency’

by Investor News Today
June 18, 2025
in Technology
0
Amazon CEO says it will cut jobs due to AI’s ‘efficiency’
491
SHARES
1.4k
VIEWS
Share on FacebookShare on Twitter


Amazon CEO Andy Jassy says developments in AI will “scale back” the corporate’s company headcount over the following few years. In a memo to workers on Tuesday, Jassy writes that Amazon expects the change because of “effectivity positive aspects from utilizing AI extensively throughout the corporate,” with out specifying what number of workers can be affected.

“As we roll out extra Generative AI and brokers, it ought to change the way in which our work is completed,” Jassy says. “We’ll want fewer individuals doing a number of the jobs which are being carried out immediately, and extra individuals doing different kinds of jobs.”

He notes that employees also needs to “be inquisitive about AI” and methods to use it to “get extra carried out with scrappier groups:

Those that embrace this variation, change into accustomed to AI, assist us construct and enhance our AI capabilities internally and ship for purchasers, will probably be well-positioned to have excessive affect and assist us reinvent the corporate.

Different corporations have shared statements about how they count on AI to affect their workforce as nicely. In April, Shopify CEO Tobi Lütke advised workers asking for extra headcount or assets that they need to clarify why they “can’t get what they need carried out utilizing AI.” Duolingo CEO Luis von Ahn additionally said that the corporate plans on changing contract employees with AI as a part of a brand new “AI-first” strategy.



Source link

Tags: AIsAmazonCEOcutdueefficiencyjobs
Share196Tweet123
Previous Post

Restaurants flash a warning

Next Post

JD.com Enters Stablecoin Race Amid US GENIUS Act Push

Investor News Today

Investor News Today

Next Post
JD.com Enters Stablecoin Race Amid US GENIUS Act Push

JD.com Enters Stablecoin Race Amid US GENIUS Act Push

  • Trending
  • Comments
  • Latest
Equinor scales back renewables push 7 years after ditching ‘oil’ from its name

Equinor scales back renewables push 7 years after ditching ‘oil’ from its name

February 5, 2025
Best High-Yield Savings Accounts & Rates for January 2025

Best High-Yield Savings Accounts & Rates for January 2025

January 3, 2025
Suleiman Levels limited V 3.00 Update and Offer – Analytics & Forecasts – 5 January 2025

Suleiman Levels limited V 3.00 Update and Offer – Analytics & Forecasts – 5 January 2025

January 5, 2025
10 Best Ways To Get Free $10 in PayPal Money Instantly

10 Best Ways To Get Free $10 in PayPal Money Instantly

December 8, 2024
Why America’s economy is soaring ahead of its rivals

Why America’s economy is soaring ahead of its rivals

0
Dollar climbs after Donald Trump’s Brics tariff threat and French political woes

Dollar climbs after Donald Trump’s Brics tariff threat and French political woes

0
Nato chief Mark Rutte’s warning to Trump

Nato chief Mark Rutte’s warning to Trump

0
Top Federal Reserve official warns progress on taming US inflation ‘may be stalling’

Top Federal Reserve official warns progress on taming US inflation ‘may be stalling’

0
Walmart heir Lukas Walton’s $15bn bet on the environment

Walmart heir Lukas Walton’s $15bn bet on the environment

June 18, 2025
Energy Transition

Energy Transition

June 18, 2025
Stocks making the biggest moves premarket: RUN, VERV, TMUS

Stocks making the biggest moves premarket: RUN, VERV, TMUS

June 18, 2025
Consumer Duty Fulfilled – If You Ask the FCA

Consumer Duty Fulfilled – If You Ask the FCA

June 18, 2025

Live Prices

© 2024 Investor News Today

No Result
View All Result
  • Home
  • Market
  • Business
  • Finance
  • Investing
  • Real Estate
  • Commodities
  • Crypto
  • Blockchain
  • Personal Finance
  • Tech

© 2024 Investor News Today