This is part of Amazon's second round of layoffs within a span of three months, as the e-commerce giant continues with its post-pandemic "restructuring".
  • AmbiguousProps@lemmy.todayEnglish
    9·
    16 hours ago

    Amazon isn’t doing this because of AI, that’s just Amazon PR glazing up Wall Street with the hope of finally getting the stock to go up. It’s been flat YoY, so they think saying that it’s cause of AI will make line go up. It didn’t work in October, and it’s not gunna work this time.

  • TrackinDaKraken@lemmy.worldEnglish
    13·
    18 hours ago

    Focusing shift to AI isn’t the only, or even the main reason they cut so many jobs. The truth is, we aren’t buying because we’re broke, and we’re afraid to use our credit cards, so sales are down.

    Also, this is just the beginning.

    • AmbiguousProps@lemmy.todayEnglish
      5·
      16 hours ago

      These layoffs primarily affected AWS, and AWS is where Amazon makes the most of their money. Like, almost all of it.