Amazon and UPS Cut 46,000 Jobs Following Major Pivot Toward AI

Amazon and UPS announced combined reductions of 46,000 positions on Wednesday as the companies prioritize artificial intelligence and operational efficiency.Andy Jassy confirmed 16,000 new corporate layoffs in departments like Amazon Web Services, while Carol Tome at UPS detailed plans to cut 30,000 operational roles.These restructuring efforts follow a period of pandemic-driven expansion and a strategic shift toward high-margin sectors despite Amazon reporting profits of $21 billion.