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Amazon confirms thousands of layoffs
- Amazon is cutting about 16,000 jobs in a second round of mass layoffs within three months at the e-commerce and cloud company.
- The company has shifted away from AAA game development amid massive cuts after Amazon never managed to deliver a lasting hit, prompting a strategic retreat.
- Leadership exits at AGS coincided with project cuts, including VP Christoph Hartmann leaving and the cancellation of Relentless Studios' Crucible and layoffs of the Lord of the Rings MMO team.
- Amazon is refocusing gaming toward its cloud platform Luna and party games, deprioritizing big-budget AAA titles.
- Some prognosticators warn the pattern will repeat in coming years as AI and efficiency-driven job changes reduce roles, but workers affected by layoffs may find their skills transferable.
Insights by Ground AI
24 Articles
24 Articles
Amazon To HP And Nestle, A Look At Recent Layoffs In Major Companies
A growing number of companies across sectors are cutting jobs, citing rising operational costs. Some companies are laying off workers to invest in new technology, such as artificial intelligence, as part of bigger restructuring plans.
·New Delhi, India
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Coverage Details
Total News Sources24
Leaning Left3Leaning Right1Center4Last UpdatedBias Distribution50% Center
Bias Distribution
- 50% of the sources are Center
50% Center
L 38%
C 50%
12%
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