Business · 2 November 2025
Major Corporations Cut Tens of Thousands of Jobs as AI Investment Takes Priority
Significant job cuts have been confirmed by Amazon, Intel, Microsoft, and UPS for the 2024-2025 period, with Meta also announcing workforce reductions. Amazon is cutting 14,000 corporate roles, coinciding with increased AI spending. Intel will let go 24,000 employees as part of restructuring. Microsoft removed over 15,000 positions in 2025, notably in gaming and sales. Companies cite automation and efficiency, while analysts highlight economic challenges and adjustments following pandemic-era hiring surges.
Reported by Washington Post · How we write briefs