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America's biggest employers are facing the Great Shrinking

Summary by Business Insider
Getty ImagesIn June, Amazon CEO Andy Jassy had a blunt message for his 350,000 corporate employees: There were going to be fewer of them in the near future, thanks to the "efficiency gains" he expected from AI. The proclamation generated big headlines and an uproar from staff. But it struck me as merely honest. He was acknowledging something that pretty much every CEO who sits atop a large white-collar workforce is quietly hoping to achieve soon…

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Business Insider broke the news in United States on Monday, August 11, 2025.
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