business / news / / Times of India
Amazon has announced another round of job cuts, this time affecting its Selling Partner Services division.
Amazon has initiated new layoffs in its Selling Partner Services division, affecting a small number of employees.
KEY POINTS
- The job cuts follow roughly 30,000 Amazon layoffs over the past six months across multiple divisions.
- Amazon's AI investments are focused on automating retail, logistics, and advertising operations, raising employee concerns.
- Amazon plans to invest $200 billion mostly in AI infrastructure, including new data centres.
- CEO Andy Jassy claims large AI investments will drive long-term growth despite market concerns.
COMPANIES
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