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Amazon cuts 16,000 more jobs: Read HR head's email to employees

Amazon is cutting another 16,000 corporate jobs, bringing the total to 30,000, its largest workforce reduction ever. This move, driven by a massive $125 billion investment in AI and a push for greater efficiency, comes despite record profits. The company is also closing its Go and Fresh stores and discontinuing its palm-scanning payment system, signaling a significant strategic shift.

from Times of India https://ift.tt/GE8gzQS
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