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Amazon, UPS and Target eliminate 60,000 jobs, but AI is not to blame. Laying off white-collar people is the easiest way to cut costs, academics say
Amazon, for example, doubled its workforce during the pandemic, ballooning to 1.6 million employees by 2021. Now CEO Andy ...
Digital Trends partners with external contributors. All contributor content is reviewed by the Digital Trends editorial staff ...
It's easy to look at the 30,000 recent Amazon layoffs and blame AI for taking those jobs. But that's not the whole story.
Amazon has multiple strong economic moats. Its cloud and e-commerce businesses have tremendous growth prospects. The company ...
Amazon is projected to have almost 40 delivery fulfillment centers equipped with robots by the end of next year, resulting in an estimated cost savings of $4 billion per year.
Robotics could enter a new industrial super cycle as advances in AI, sensors, and hardware fuse digital intelligence with physical capability across industries. Read more here.
Amazon CEO Andy Jassy says 14,000 layoffs stem from “culture” and organizational layers, not finances or AI, aiming to ...
Amazon beats earnings estimates with strong AWS results, but analysts say AI strategy and efficiency remain key concerns for investors.
The playbook has changed. The next era of supply chain transformation is about building systems that bend without breaking, ...
Cloudy profits surge past expectations Jeff Bezo's Amazon’s latest results show the company continues to turn artificial ...
The layoffs offer an early look at the possibly broad effects of AI on workforces. Amazon CEO Andy Jassy flagged the ...
A wave of layoffs is sweeping through global e-commerce and logistics giants. Amazon has announced 14,000 job cuts — a figure ...
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