"Amazon will cut about 14,000 corporate jobs as the online retail giant ramps up spending on artificial intelligence while cutting costs elsewhere. Teams and individuals impacted by the job cuts will be notified on Tuesday. Most workers will be given 90 days to look for a new position internally, Beth Galetti, Senior Vice President of People Experience and Technology at Amazon, wrote in a letter to employees on Tuesday."
"Amazon has announced plans to invest $10 billion building a campus in North Carolina to expand its cloud computing and artificial intelligence infrastructure. Since 2024 started, Amazon has committed to about $10 billion apiece to data center projects in Mississippi, Indiana, Ohio and North Carolina as it builds up its infrastructure to try to keep up with other tech giants making leaps in AI."
Amazon will cut about 14,000 corporate jobs, roughly 4% of its corporate workforce, and notify impacted teams on Tuesday. Most affected employees will receive 90 days to seek internal positions. Employees unable or unwilling to find new roles will receive severance pay, outplacement services and health insurance benefits. Amazon has about 350,000 corporate employees and a total workforce of approximately 1.56 million. The company is accelerating investment in generative AI and cloud infrastructure, including a planned $10 billion campus in North Carolina and roughly $10 billion commitments to data center projects in multiple states. Amazon is competing with major AI and cloud firms.
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