From Yahoo Finance: 2025-06-18 09:59:00

Amazon CEO Andy Jassy predicts that generative artificial intelligence will lead to a reduction in the company’s corporate workforce in the coming years. Jassy emphasized the need for employees to embrace AI technology and participate in the company’s transformation. Amazon has already invested $10 billion in a North Carolina campus to expand its cloud computing and AI infrastructure. With a growing demand for AI products, Amazon is investing heavily in data centers and AI technology, including partnerships with companies like Anthropic and Intel. The company is also testing AI-aided dubbing for movies and shows on its Prime streaming service.



Read more at Yahoo Finance: Amazon CEO Jassy says AI will reduce its corporate workforce in the next few years