Amazon confirms 14,000 job losses in corporate division

Amazon has confirmed plans to cut approximately 14,000 jobs in its corporate division to streamline operations for AI opportunities. The move aims to make the company more agile and customer-focused, despite recent strong financial performance. The job cuts are part of a broader strategy to invest in AI tools and boost efficiency, which may lead to further reductions in routine tasks. Amazon's aggressive hiring during the pandemic is now being balanced with cost-cutting measures as it focuses on AI innovation.