00:00Amazon is conducting one of its largest ever corporate layoffs with plans to cut 14,000 positions starting Tuesday.
00:07The reductions will span nearly all business units and mark the biggest wave of job cuts across the tech sector since 2020.
00:14The move is part of CEO Andy Jassy's ongoing cost-cutting and restructuring efforts to streamline operations and flatten management layers.
00:22Amazon joins a growing list of major tech firms, including Microsoft, Meta, Google, and Intel, that have trimmed tens of thousands of jobs amid rising automation and AI-driven efficiencies.
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