Amazon Cuts 16,000 More Jobs as Restructuring Continues

Amazon announced Wednesday it is eliminating 16,000 positions across the company, continuing a restructuring effort that began last fall.

The cuts follow a round of 14,000 layoffs in October, which primarily affected corporate employees. Amazon employs approximately 1.55 million workers worldwide, according to a company filing from last year.

Wednesday's announcement did not explicitly cite artificial intelligence as a factor, though the layoffs come as workers across industries face growing uncertainty about AI's impact on the labor market.

The job cuts aren't the only changes underway. On Tuesday, Amazon said it would close some of its Amazon Go and Amazon Fresh physical retail locations, with plans to convert some into Whole Foods Market stores.