Popular now
Debenhams Group returns to growth amid PLT recovery

Debenhams Group returns to growth amid PLT recovery

Currys appoints Fredrik Tønnesen as Group CEO

Currys appoints Fredrik Tønnesen as Group CEO

Inditex sales rise 5.8% after strong start to summer trading

Inditex sales rise 5.8% after strong start to summer trading

Amazon to axe thousands of corporate roles amid AI shift

Amazon to axe thousands of corporate roles amid AI shift

The affected roles will reportedly be across Amazon Web Services, retail, Prime Video and human resources, known as People Experience and Technology

On this episode of Talking Shop I’m joined by Alain Bejjani—former Group CEO of Middle East retail giant Majid Al Futtaim, and author of the definitive new book, NEXT: Leading Through the New Realities. Drawing on his childhood in war-torn Beirut, and his experience steering a $9.5bn dollar retail and lifestyle empire through a global pandemic, Alain brings an unmatched perspective on leadership under pressure. Today, we break down his crisis survival playbook for retailers operating in distress. We discuss why resilience must always outpace efficiency, the four assets a brand must protect at all costs, and how to turn macro-turmoil into a long-term direction that scales.

Amazon is reportedly planning a second round of job cuts as part of plans to reduce its workforce by 30,000 corporate workers as its use of AI increases, according to Reuters

Last year the company cut around 14,000 white-collar jobs, and sources told Reuters that roughly the same amount of cuts could begin as soon as Tuesday.

The affected roles will reportedly be across Amazon Web Services, retail, Prime Video and human resources, known as People Experience and Technology. Sources told Reuters that the full scope of affected roles was unclear and that plans could change, however. 

Last October, Amazon cut around 14,000 corporate jobs worldwide as part of a restructuring drive linked to the growing use of artificial intelligence (AI), raising uncertainty for the company’s 75,000 UK workers.

Prior to this, Amazon’s largest previous round of job cuts came in January 2023, when it announced 18,000 redundancies, including reductions across its consumer retail operations such as Amazon Fresh and Amazon Go.

Earlier this year, CEO Andy Jassy said that he expected Amazon’s corporate workforce to shrink over time as a result of efficiencies gained from the use of AI. The company previously unveiled its latest AI models during its annual AWS cloud computing conference in December.

According to Reuters, the 30,000 affected jobs as part of the streamlining would represent a small portion of Amazon’s 1.58 million employees but nearly 10% of the corporate workforce, as the majority of Amazon’s workers are in fulfillment centers and warehouses.

Amazon has been contacted for comment.

Previous Post
Iceland installs new sensor technology for retail media network

Iceland installs new sensor technology for retail media network

Next Post
Sportsshoes.com to launch experiential flagship store in Shoreditch

Sportsshoes.com to launch experiential flagship store in Shoreditch