Amazon Restructures Workforce, Slashes Luxembourg Jobs While Doubling Down On AI
Amazon plans to cut 370 jobs in Luxembourg as part of a global restructuring, balancing cost controls with heavy AI and cloud investments. The layoffs, affecting 8.5% of its Luxembourg workforce, are the largest in two decades. Despite the cuts, Amazon remains Luxembourg's fifth-largest employer. The restructuring aims to lower costs and boost efficiency, with a focus on AI. Analysts are optimistic about Amazon's AI advancements and cloud platform positioning.
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