Why did Nvidia hit $5 trillion valuation?
What caused Amazon’s latest 14,000 layoffs?
How will Trump-Xi talks impact trade tariffs?
Why is the Bank of Canada cutting rates?
What prompted GM’s EV-related job cuts?
How are AI investments reshaping tech companies?
Why did Fiserv stock plunge sharply today?
Everyone thinks AI is replacing factory workers, but Amazon's layoffs show it's coming for middle management first
fortune.com/2025/10/29/amazon-layoffs-ai-middle-managers-robots-factory-workers
Just as news outlets shared leaked Amazon documents suggesting the company could replace half a million warehouse jobs with robots, the e-commerce giant pulled the rug out and laid off 14,000 middle managers instead.
The move may offer an early glimpse of how AI is actually reshaping the…
This story appeared on fortune.com, 2025-10-29 12:56:13.267000.