Amazon is laying off another 16,000 corporate employees globally, the company confirmed Wednesday morning, the second phase in a restructuring that now totals 30,000 positions — marking the largest workforce reduction in the company's history.

The e-commerce giant has been cutting costs in part to redirect money into building data centers to compete in the race to dominate artificial intelligence.

Amazon announces new layoffs as part of a broader reset by the e-commerce and cloud giant. The company previously cut 14,000 jobs in October, citing cultural and efficiency shifts.

Amazon is winding down its Amazon One palm recognition service as the company retreats from physical retail experiments.

It recently announced new AI tools that should be a draw for clients. It's opening its largest-ever physical store to compete with other retailers.

Ryanair CEO Michael O'Leary predicts most airlines will offer free in-flight Wi-Fi in the future, but it is a cost game.

Amazon employees were left unsettled on Tuesday after an internal email referencing “organizational changes” and “impacted colleagues” was sent prematurely, fueling concerns that another round of corporate layoffs is imminent.

Amazon mistakenly sent email to cloud employees about upcoming layoffs amidst efforts to streamline operations.

Amazon has agreed to pay $309 million to settle a class action lawsuit in which the plaintiffs claimed they were incorrectly denied refunds for product returns, Reuters reported Monday (Jan. 26).