Amazon CEO says AI will reduce corporate jobs
• Amazon CEO Andy Jassy stated that deploying more Generative AI and agents will change work methods, expecting a reduction in the total corporate workforce soon.
Jassy highlighted emerging AI "agents" capable of web scouring, writing code, and research, which will manage tasks that certain current roles previously involved.
This workforce reduction forecast follows Amazon's layoffs of over 27,000 staff since late 2022 and a corporate hiring slowdown despite increased company revenue.