Amazon to lay off 16,000 employees

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Amazon to lay off 16,000 employees
Photo: Michael Sohn/AP/TT

Amazon is to lay off 16,000 employees. The announcement comes just a couple of months after a previously announced cut of 14,000 employees.

The company's CEO, Andy Jassy, has said he wants to reduce bureaucracy within the company, and has warned that AI will reduce the number of employees.

However, the numbers should be put into perspective - Amazon has a total of 1.57 million employees globally.

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By TT News AgencyEnglish edition by Sweden Herald, adapted for our readers

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