Tuesday, June 17, 2025

Creating liberating content

Muhammed Selim Korkutata | Anadolu | Getty Images For a

Amazon Web Services is set to announce an update to

Amazon’s CEO envisions an “agentic future” in which AI robots,

Related News

Muhammed Selim Korkutata | Anadolu | Getty Images For a third time since taking office in January, President Donald Trump plans to extend a deadline that would require China’s ByteDance

Amazon Web Services is set to announce an update to its Graviton4 chip that includes 600 gigabytes per second of network bandwidth, what the company calls the highest offering in

This is a representative AI image Iranian state television on Tuesday urged its citizens to remove WhatsApp, alleging that the messaging app collects user data and shares it with Israel,

Amazon’s CEO envisions an “agentic future” in which AI robots, or agents, replace humans working in the company’s offices. In a memo to employees made public by Amazon on Tuesday,

After quitting their royal life, Harry and Meghan gave a bombshell interview to Oprah Winfrey in 2021 that shocked the royal family. In the interview, Meghan and Harry accused the

Ramp, which offers a financial operations platforms to corporate clients, has raised its valuation to $16 billion in a new fundraising led by long-time investor Founders Fund, Peter Thiel’s venture

Trending News

The Competition Commission of India (CCI) on Tuesday approved logistics services provider Delhivery’s proposed acquisition of a 99.4% stake in Ecom Express for a cash consideration of up to Rs

Railways Minister Ashwini Vaishnaw on Tuesday inaugurated India’s largest Gati Shakti Multi-Modal Cargo Terminal for automobiles at Maruti Suzuki’s Manesar plant, calling it a key step in boosting logistics efficiency

Pakistan and the United States have agreed to intensify negotiations on reciprocal tariffs with the aim of finalising a bilateral trade deal through continued technical engagement, according to Radio Pakistan.The

China’s President Xi Jinping on Tuesday US President Donald Trump’s tariff imposition and said that the protectionist approach was “bound to harm others and oneself”.“Tariff wars and trade wars have

Siemens will deploy ETCS Level 2-based signalling and train control systems under the contract. (AI image) India’s first bullet train project between Ahmedabad and Mumbai is on track despite several

Global oil demand will decline slightly in 2030 for the first time since the 2020 Covid shock, the International Energy Agency (IEA) said on Tuesday, as slower economic growth, electric

AI will shrink Amazon’s workforce in the coming years, CEO Jassy says

Word Count: 237 | Estimated Reading Time: 2 minutes


Amazon CEO Andy Jassy speaks during a keynote address at AWS re:Invent 2024, a conference hosted by Amazon Web Services, at The Venetian Las Vegas on December 3, 2024 in Las Vegas, Nevada.

Noah Berger | Getty Images

Amazon CEO Andy Jassy said Tuesday that the company’s corporate workforce will shrink in the coming years as it adopts more generative artificial intelligence tools and agents.

“We will need fewer people doing some of the jobs that are being done today, and more people doing other types of jobs,” Jassy said in a memo to employees. “It’s hard to know exactly where this nets out over time, but in the next few years, we expect that this will reduce our total corporate workforce as we get efficiency gains from using AI extensively across the company.”

Jassy wrote that employees should learn how to use AI tools and experiment and figure out “how to get more done with scrappier teams.”

The directive comes as Amazon has laid off more than 27,000 employees since 2022 and made several cuts this year. Amazon cut about 200 employees in its North America stores unit in January and a further 100 in its devices and services unit.

Amazon had 1.56 million full-time and part-time employees in its global workforce as of the end of March, according to financial filings. The company also employs temporary workers in its warehouse operations, along with some contractors.

Read more CNBC Amazon coverage



Source link

Most Popular Articles

Sign In

Welcome ! Log into Your Account