OpenAI's $38B cloud deal with Amazon takes ChatGPT maker
Digest more
KTVU FOX 2 on MSN
Amazon unveils new AI technology to improve delivery efficiency
Experts say the technology could reshape the U.S. workforce, boosting productivity but potentially displacing some jobs as automation becomes more widespread.
The job cuts at Amazon were announced Tuesday and account for 4% of the online retail company’s corporate workforce.
Amazon has multiple strong economic moats. Its cloud and e-commerce businesses have tremendous growth prospects. The company is also continually looking for new markets to conquer. Amazon is no longer the scrappy start-up it was in 1997.
The job cuts come as Amazon CEO Andy Jassy has said he envisions the company relying on AI agents to replace human workers.
AWS' outtage affects businesses, OpenAI's Atlas browser takes on Chrome and a great comparison of QuickBooks Desktop and Online.
The company announced thousands of job cuts, which could be evidence of AI investments paying dividends. Amazon ( AMZN +0.38%) is incorporating its artificial intelligence capabilities, which are making employees more productive. *Stock prices used were the afternoon prices of Oct. 27, 2025. The video was published on Oct. 29, 2025.
Last week, Amazon became the latest company to announce massive layoffs. In a memo, senior vice president of people experience and technology, Beth Galetti, revealed that the company would let go of “approximately 14,000” employees, citing AI innovations and a fast-changing world.