Amazon Slashes 16,000 Jobs To "Strengthen" the Company

Amazon has announced a further 16,000 job cuts in order to reduce beaurocracy and free up company funds to be spent on "strategic areas" such as artificial intelligence (via New York Times.)

Amazon justified the decision by stating that we're living in a "world that's changing faster than ever", and the company needs to make sufficient adaptations to keep up with those changes. In conjuction with 14,000 jobs that were cut last fall, the mass layoffs at Amazon have now reached a total of 30,000.