Amazon lays off 14,000 workers in favor of AI

America’s second-largest private employer is laying off 14,000 corporate employees to make the company leaner and less bureaucratic while it looks to invest in artificial intelligence. “This generation of AI is the most transformative technology we’ve seen since the Internet, and it’s enabling companies to innovate much faster than ever before (in existing market segments and altogether new ones),” wrote Beth Galetti, Amazon’s senior vice president of people experience and technology. “We’re convinced that we need to be organized more leanly, with fewer layers and more ownership, to move as quickly as possible for our customers and businesses.” Both Meta and Microsoft have also recently laid off employees due to AI innovation. This technology revolution could spike unemployment as the economy adjusts.