Amazon Announces Job Cuts due to AI
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Amazon CEO Andy Jassy announced that the company (NASDAQ: AMZN) will prepare for a significantly leaner workforce in the coming years, at least in the area of office jobs. The reason: The use of generative AI technologies is rapidly increasing and will take over many tasks that have so far been performed by humans. Jassy explained in an internal memo that there will be less demand for certain activities in the future, while other job profiles will emerge. Although the exact development cannot yet be precisely predicted, a decline in the total...
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