Tech layoffs: Amazon, Intel to cut more jobs amid AI push, cost control

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Amazon has carried out another round of job cuts as part of a wider trend across the tech industry. This month, major companies, including Amazon, Intel, Microsoft, and TikTok, have either let staff go or announced job cuts, as they look to manage rising costs and increase their focus on artificial intelligence (AI).

Amazon

On Thursday, Amazon laid off several hundred employees from its Amazon Web Services (AWS) cloud division. However, the exact number of job losses has not been revealed.

This follows earlier layoffs in its books business, including at…



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Tech layoffs: Amazon, Intel to cut more jobs amid AI push, cost control



Amazon has carried out another round of job cuts as part of a wider trend across the tech industry. This month, major companies, including Amazon, Intel, Microsoft, and TikTok, have either let staff go or announced job cuts, as they look to manage rising costs and increase their focus on artificial intelligence (AI).

Amazon

On Thursday, Amazon laid off several hundred employees from its Amazon Web Services (AWS) cloud division. However, the exact number of job losses has not been revealed.

This follows earlier layoffs in its books business, including at…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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