Mass layoffs at Amazon and others signal shifting corporate strategies
Originally Published 2 months ago — by CNN
Amazon is laying off tens of thousands of employees, citing a need to streamline operations and prepare for AI-driven productivity gains, amid broader industry trends of cost-cutting and skepticism about AI's immediate impact on efficiency. The layoffs reflect strategic shifts rather than direct AI failures, with companies balancing short-term profits against long-term adaptability in a changing economic landscape.