Amazon to cut 10% of corporate jobs

Hitech always runs in cycles. You start by hiring like a maniac and then fire like an asshole. But the entire industry work at the same cycle.
Either everybody hire or everybody fire.
 
They overhired during the pandemic and are now trimming the fat.
Yes this is always the reason 99% of the times. AI has nothing to do with job cut most times. After this cycle they will suddenly start to over hire and inflate the salary.
 
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