Amazon announced it will lay off 14,000 of its employees – one of the largest layoff waves in its history. According to the company's statement, the move is intended to "make Amazon leaner and more efficient," while artificial intelligence allows companies to advance "at a much faster pace." Amazon CEO Andy Jassy previously said he wants the company to operate "like the biggest startup in the world." Yesterday, Reuters news agency reported that the online retail giant will begin laying off about 30,000 company employees, and that the move is intended to reduce expenses and compensate for the large recruitment drives conducted during the peak of the COVID-19 pandemic.

