AMAZON TO ANNOUNCE LARGEST LAYOFFS IN COMPANY HISTORY, SOURCE SAYS

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Amazon is expected to start informing employees about sweeping job cuts starting today. It plans to lay off as many as 30,000 staff across its corporate workforce. The layoffs are part of a broader cost-cutting campaign that started during the COVID-19 pandemic. Amazon CEO Andy Jassy said earlier this year that the company's workforce could shrink further as a result of generative AI.