Amazon cuts 16,000 roles in its latest round of layoffs

[Yo_Mama_Been_Loggin]

BY ASSOCIATED PRESS
Amazon is slashing about 16,000 corporate roles in the second round of mass layoffs for the e-commerce company in three months.

The tech giant has said it plans to use generative artificial intelligence (AI) to replace corporate workers. It has also been reducing a workforce that swelled during the pandemic.

Beth Galetti, a senior vice president at Amazon, said in a blog post Wednesday that the company has been “reducing layers, increasing ownership, and removing bureaucracy.”

The company did not say what business units would be impacted, or where the job cuts would occur. An exclusive report from Reuters last week revealed that a large wave of layoffs was expected to happen later this month.

https://mynorthwest.com/local/amazon-cuts-jobs-layoffs/4194605?lid=ssv9y7vwoile

[OC375]

1. Inheritance

Once Gen X are all fired, I guess the plan is for Boomer inheritances to pay for everything via their kids and grandkids? We'll certainly be contributing less and less in taxes, spending less going forward, and we're a small cohort anyway. Some of us bought houses and cars, back when they were still middle class things before COVID - probably the last of those for many of us. Should be an interesting ride...