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Amazon to cut 16,000 jobs, slim organisation and focus AI investment

Amazon is launching another large-scale round of layoffs, targeting about 16,000 full-time employees, CNBC reported on Jan. 28. It is the second mass layoff in 16 months. The company said the move is meant to strengthen an anti-bureaucracy stance and focus investment in AI. Amazon previously cut 14,000 jobs in October last year and signalled further reductions. An HR executive said this is not a sign of regular restructuring.