"and on top of that, Amazon going to eliminate roughly 14,000 corporate jobs after Andy Jasse warned AI is going to shrink the company's workforce this is the second round of reductions in about as many years and it was an fascinating conversation with Bob Kaplan because uh he pretty much had said AI reductions, yeah, productivity gains which are essential for the economy, but those people who get laid off as a result of it, I mean, is that going to fuel the next wave of populism that started, you know, back uh in the Clinton administration, globalization"
The segment discusses Amazon's planned elimination of 14,000 corporate jobs, attributing the cuts to AI-driven efficiency measures. While productivity gains are noted as beneficial for the economy, the commentary raises concerns about potential socio-political repercussions from such workforce reductions.
UPS Surges; UnitedHealth Gains; Amazon Cuts 14,000 Jobs | Stock Movers
Stock Movers
October 28, 2025
Company Opinion