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Top AllWork.Space News

Amazon cuts 14,000 corporate jobs as spending on artificial intelligence accelerates — REUTERS / pwu404

Amazon · United States

Amazon cuts 14,000 corporate jobs as spending on artificial intelligence accelerates

55% Center coverage: 417 sources

Amazon will cut about 14,000 corporate jobs as the online retail giant ramps up spending on artificial intelligence while cutting costs elsewhere. In June CEO Andy Jassy, who has aggressively sought to cut costs since becoming CEO in 2021, said that he anticipated generative AI would reduce Amazon’s corporate workforce in the next few years.See the Story

Cargill Lays Off 80 Employees at Headquarters After Sales Decline

Layoffs · Wayzata

Cargill Lays Off 80 Employees at Headquarters After Sales Decline

71% Right coverage: 14 sources

Agribusiness giant Cargill Inc. is laying off employees at its Wayzata headquarters after a two-year decline in sales.See the Story

Chegg to Lay Off 45% of Workforce as AI Disruption Hits Business — Chegg headquarters by Wikipedia Photo - Own work (By: Ixfd64) / CC-BY-SA-4.0

US Economy · United States

Chegg to Lay Off 45% of Workforce as AI Disruption Hits Business

46% Center coverage: 13 sources

Educational technology company Chegg (CHGG.N) said on Monday it would cut 388 roles globally, or about 45% of the workforce, to reduce costs and streamline operations as it works to adapt to the growing shift toward AI-powered tools.See the Story

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