Layoffs are up, hiring is down as Amazon cuts reverberate through the economy - The Washington Post

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Amazon's layoffs of 16,000 corporate workers are impacting the economy, with increased layoffs and reduced hiring. Executives describe the cuts as part of a strategy to transform the company into a 'world's largest startup' and invest in AI.

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Amazonlayoffseconomycorporate restructuringAI investment
  1. Layoffs are up, hiring is down as Amazon cuts reverberate through the economy  The Washington Post
  2. Update on our organization  aboutamazon.com
  3. Amazon execs say layoffs are part of turning the company into the 'world's largest startup,' leaked memos show  Business Insider
  4. Amazon laying off about 16,000 corporate workers in latest anti-bureaucracy push  CNBC
  5. Amazon to cut 16,000 roles as it looks to invest in AI, remove ‘bureaucracy’  Fox Business

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