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Story summary
- Jeff Bezos said AI could enable three-day workweeks while maintaining household incomes.
- Bezos added AI productivity will cause labor shortages rather than mass job losses.
- Amazon cut about 1,000 corporate jobs that week, part of roughly 30,000 cuts since last year.
- CEO Andy Jassy received $40.1 million in 2024 compensation, a 37% increase from 2023.
- More than 180,000 U.S. corporate layoffs have cited AI since May 2023, including 112,000 in 2026.