Amazon has confirmed it will lay off 14,000 corporate employees globally, stating the move is necessary to become "organised more leanly" and invest in Artificial Intelligence (AI). This comes despite strong recent financial performance, with sales increasing by 13% year-over-year to $167.7 billion.

• Approximately 14,000 corporate roles will be cut, a figure lower than earlier reports of 30,000.
• Senior Vice President Beth Galetti stated the cuts would make the company "even stronger" and shift resources to "biggest bets."
• Amazon previously laid off around 27,000 workers in 2022 as part of spending reductions.