BR100 Decreased By (-0.43%)
BR30 Decreased By (-0.76%)
KSE100 Decreased By (-0.34%)
KSE30 Decreased By (-0.32%)
AGHA 6.59 Decreased By ▼ -0.08 (-1.2%)
BECO 4.37 Increased By ▲ 0.02 (0.46%)
BML 55.25 Decreased By ▼ -0.92 (-1.64%)
BOP 29.90 Decreased By ▼ -0.22 (-0.73%)
CNERGY 12.69 Decreased By ▼ -0.29 (-2.23%)
CSIL 5.22 Decreased By ▼ -0.09 (-1.69%)
FCCL 51.30 Decreased By ▼ -0.35 (-0.68%)
FFL 14.43 Decreased By ▼ -0.06 (-0.41%)
FNEL 1.19 Decreased By ▼ -0.02 (-1.65%)
KEL 5.97 Decreased By ▼ -0.09 (-1.49%)
KOSM 5.55 Decreased By ▼ -0.29 (-4.97%)
LOTCHEM 26.19 Increased By ▲ 0.02 (0.08%)
MLCF 90.41 Decreased By ▼ -0.82 (-0.9%)
NBP 162.89 Decreased By ▼ -1.30 (-0.79%)
NCPL 52.70 Decreased By ▼ -0.48 (-0.9%)
NPL 58.00 Decreased By ▼ -1.12 (-1.89%)
OGDC 313.45 Increased By ▲ 0.06 (0.02%)
PACE 9.65 Decreased By ▼ -0.12 (-1.23%)
PAEL 34.96 Decreased By ▼ -0.28 (-0.79%)
PIBTL 14.21 Decreased By ▼ -0.50 (-3.4%)
PPL 219.29 Decreased By ▼ -2.07 (-0.94%)
PRL 89.71 Decreased By ▼ -1.51 (-1.66%)
PTC 59.25 Increased By ▲ 0.06 (0.1%)
SSGC 23.23 Decreased By ▼ -0.07 (-0.3%)
TBL 8.68 Decreased By ▼ -0.07 (-0.8%)
TELE 7.38 Decreased By ▼ -0.23 (-3.02%)
TPL 21.10 Decreased By ▼ -0.93 (-4.22%)
TPLP 12.14 Decreased By ▼ -0.42 (-3.34%)
TREET 21.38 Decreased By ▼ -0.35 (-1.61%)
TRG 54.27 Decreased By ▼ -1.52 (-2.72%)
By

BENGALURU: Amazon said on Tuesday it will reduce its global corporate workforce by about 14,000 people, with more cuts expected next year, in a major shakeup driven in part by adoption of artificial intelligence at the tech giant.

The online retailer began laying off employees across multiple divisions as part of a plan, first reported on Monday by Reuters, to cut as many as 30,000 employees. Amazon is working to compensate for over-hiring during the peak demand of the pandemic and limit costs. The layoffs offer an early look at the broad effects that AI could have on workforces.

Amazon CEO Andy Jassy flagged the possibility of such losses in June, saying increased use of AI tools and agents would lead to more corporate job cuts, particularly through automating routine tasks.

Comments

Comments are closed for this article.