Amazon is laying off 370 employees at its European headquarters.
These cuts represent about 8.5 percent of the workforce at that location. The layoffs primarily affect software developers as AI increasingly handles coding tasks. Amazon cited "business needs and local strategies" as the reason for these adjustments. This move follows broader company-wide workforce reductions and a deeper embrace of AI.
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This shouldn't be a surprise in the "AI replaces everyone/everything" scheme. LLM writes code, replaces developers, blah blah blah. In reality, Amazon is just masking their financial problems through more layoffs and then bragging about new found cash flow. A better approach is to hire the best talent and give them the best terms. Old story.