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Amazon is set to implement its largest round of job cuts since 2022, with plans to lay off up to 30,000 corporate employees this year. This move, led by CEO Andy Jassy, includes an immediate reduction of 14,000 to 16,000 positions, impacting the online retail giants global workforce of over 1.5 million.
The announcement follows a trend of substantial job reductions across the tech sector, with over 150,000 cuts reported by Layoffs.fyi last year and more than 22,000 in the current year, including 12,000 at Indias TCS. This scenario underscores the increasing role of Artificial Intelligence (AI) in transforming the corporate landscape.
Experts like Rahul Agarwala of SenseAi Partners and Prabir Jha of Prabir Jha People Advisory note a "qualitative shift" where AI automates routine tasks, affecting not just entry-level but also mid to senior-level roles.
The discussion centres on how professionals can adapt by focusing on strategic thinking, embracing new technologies, and cultivating human skills like creativity and empathy to navigate an AI-driven economy.