Amazon just made deep job cuts. Its AI tools now need to prove it can do more with less.
Update: 2025-10-29
Description
Amazon's massive layoffs signal a potential wave of job cuts across corporate America, as big tech companies like Amazon lean harder on AI to boost productivity and cut costs. The impacted roles are mostly early and mid-level managers in Amazon's retail division, with potential cuts in Amazon Web Services next year. The cuts raise questions about the role of AI in the job market and the potential risks of automation. Meanwhile, other business news includes the growing popularity of living and working in Dubai, the Federal Reserve's expected interest rate cuts, and the challenges faced by female founders in securing venture capital. Despite tech changes, traditional practices like big promotions continue. For those facing layoffs, experts advise reviewing finances, reworking resumes, and exploring new industries.
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