Amazon confirms 16,000 job cuts
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As layoffs pile up, workers are feeling increasingly anxious about the job market. Economists have said businesses are in a "no-hire, no-fire" standstill as hiring stalls overall.
The iconic brand is starting 2026 by laying off workers, marking the third year in a row that it’s downsized its workforce.
With layoffs hitting global industries across their workforces, companies are claiming a new culprit: the rise of artificial intelligence. Numerous brands, including major tech corporations like Amazon, have pointed to AI as the reason for the most recent ...