AI & Jobs Amazon booked $62.6B and pledged $220B to AI — not people
Amazon's Q2 profit more than tripled to $62.6B, it raised AI capex to $220B, and it kept trimming the AGI team building its Nova models.
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#amazon · How AI Is Reshaping Work
Tracking how AI is reshaping roles, departments, and industries — updated daily.
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AI & Jobs Amazon is now cutting the team that builds its AGI
Amazon cut jobs inside the very group building its general-intelligence models — the AI unit is not safe from the AI layoffs it helped normalize.
AI & Jobs Bezos says AI will cause a labor shortage. Amazon just cut 16,000.
Jeff Bezos predicts AI will create a labor shortage — five months after Amazon cut 16,000 jobs citing AI. Both claims are being made with a straight face.
AI & Jobs The Mag-4 Posted a $430B AI-Powered Quarter, Then Cut 23,000 Workers in the Same Week — and Said the Word 'Efficiency' 15 Times to Describe Why
Microsoft, Alphabet, Amazon, and Meta posted ~$430B of combined Q1 revenue and revised 2026 capex up to roughly $650B. In the same five trading days, Meta announced 8,000 layoffs plus 6,000 cancelled reqs, Microsoft put its first-ever buyout offer in front of 8,750 US workers, and the words 「efficiency」 and 「discipline」 appeared 15 times across the four earnings calls. Sam Altman calls this 「AI washing」. The Washington Post agrees.