Adam Hayes, Ph.D., CFA, is a financial writer with 15+ years Wall Street experience as a derivatives trader. Besides his extensive derivative trading expertise, Adam is an expert in economics and ...

Forbes contributors publish independent expert analyses and insights. Ann Kowal Smith explores workplace culture and collaboration. Oct 31, 2025, 04:11pm EDT AI-driven efficiency is the new alibi for ...

Amazon chief executive Andy Jassy’s explanation for why the company is cutting 14,000 employees? Not money. Not even AI, but “culture.” The layoff announcement this week was “not really financially ...

Amazon will cut about 14,000 corporate jobs as the online retail giant ramps up spending on artificial intelligence. In June CEO Andy Jassy, who has aggressively sought to cut costs since becoming CEO ...

Amazon to cut 14,000 jobs amid AI adoption Layoffs affect multiple divisions, including AWS and Prime Video AI seen as transformative, enabling faster innovation, Amazon says Oct 28 (Reuters) - Amazon ...

Amazon has announced it is cutting approximately 14,000 roles in what is the largest corporate layoff of 2025. In a memo sent to employees and made public on Tuesday, Beth Galetti, Amazon's senior ...

Amazon said on Oct. 28 that it is cutting thousands of corporate jobs, confirming reports that began circulating on Oct. 27. A memo that was shared with employees and posted on its website said the ...

Amazon said on Tuesday that it plans to reduce its corporate workforce by 14,000 jobs as it seeks to reduce bureaucracy, remove layers, and invest more in its AI strategy. This marks the e-commerce ...

Aimee Picchi is the associate managing editor for CBS MoneyWatch, where she covers business and personal finance. She previously worked at Bloomberg News and has written for national news outlets ...

Investors have grown more concerned over the run-up in tech stocks and valuations of private AI companies. WSJ’s Hannah Erin Lang uses three charts to explain what’s behind Wall Street’s jitters.

Amazon plans to cut 14,000 corporate jobs, the company announced Tuesday. The company said the cuts are to make it leaner as AI enables companies to "innovate much faster." CEO Andy Jassy previously ...

Amazon told employees on Tuesday that it’s cutting 14,000 corporate jobs as it invests billions of dollars into artificial intelligence. Amazon’s head of resources Beth Galetti told employees in an ...