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Story summary
- Amazon is set to lay off 1,001–2,500 employees this month after issuing a Worker Adjustment and Retraining Notification (WARN) notice.
- The layoffs affect roles in Washington, California, Virginia, and New Jersey.
- Beth Galetti, Amazon Senior Vice President, says the company will reduce bureaucracy and reallocate resources to customers.
- FedEx and Verizon are planning layoffs to reflect a broader trend of treating labor as a variable expense shaped by artificial intelligence.
