Amazon announced Tuesday that it plans to cut 14,000 corporate jobs as part of a broader effort to become leaner in an era shaped by AI.

Amazon ( AMZN 3.23%) announced Tuesday that it's cutting 14,000 corporate jobs, shedding roughly 4% of its workforce in a bid to shift more resources to artificial intelligence (AI) and other high-profile priorities.

In late 2024, Amazon introduced Rufus, a generative AI chatbot that helps people shop. It was a curious move for Amazon since the company already has Alexa, which has become a household name at this point. However, there is a difference between the two, and Rufus doesn't act like Alexa in any way.

An Amazon Web Services outage has caused significant issues for a number of high-profile websites Monday morning, including Snapchat, Roblox, Fortnite, online broker Robinhood and the McDonald's app.

Thousands have reported issues with Amazon Web Services following a global outage this morning. Here's what we know about when it will be fixed.

Amazon is laying off thousands of people, part of a familiar impulse in Corporate America to reduce headcount in the face of rising prices, an unpredictable trade war and a potential (though still largely speculative) artificial-intelligence revolution.

Amazon is reporting third-quarter earnings on Thursday, days after the company announced it's laying off 14,000 people.

What To Know: Amazon reported earnings per share of $1.95, beating the consensus estimate of $1.57. In addition, the company reported sales of $180.16 billion, beating the consensus estimate of $177.75 billion.