Big Tech continues to wrestle with mass layoffs, most recently with Amazon’s announcement to slash 16,000 jobs. Amazon’s staggering jobs cuts this week, the second wave since October, brings the commerce giant’s recent layoffs to roughly 9% of its corporate workforce. While Amazon’s layoffs aren’t a direct result of AI, they’re tangentially related. AI is the “most transformative technology we’ve seen since the internet,” Beth Galetti, senior vice president of people experience and technology at Amazon, said when announcing layoffs in October. New technology can bring new business prioritiesIBM is one of the most prominent examples of mass layoffs in response to new technology.

Source: Egypt Independent January 31, 2026 14:11 UTC