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Airbnb to lay off nearly 25% of its workforce as coronavirus disrupt…
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Amazon said Tuesday that it will lay off about 14,000 corporate employees, marking the latest cuts in the company’s multiyear effort to rein in costs. In a blog post, the company wrote that the layoffs are being carried out to help make the company leaner and less bureaucratic, while it looks to invest in “our biggest bets” including generative artificial intelligence. Read more: cnb.cx/47rkIQZ | CNBC
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Amazon cuts about 16,000 corporate jobs in the latest round of layoffs
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