Amazon cuts more jobs as tech companies continue worker layoffs in favor of AI

Amazon, LinkedIn (Microsoft) and Cisco announced fresh layoffs as tech firms redirect spending toward AI infrastructure and automation. Amazon cut additional roles in its Selling Partner Services unit following earlier rounds that eliminated roughly 30,000 positions; LinkedIn plans to cut about 875 jobs (≈5%); Cisco will eliminate nearly 4,000 roles (≈5%) even as it reports record revenue and a strong fiscal outlook. The moves reflect a broader industry trend—Layoffs.fyi shows more than 103,000 tech job cuts in 2026—as companies prioritize AI and hyperscale data-center demand (Cisco raised its AI-related order outlook to ~$9bn). Markets reacted unevenly: Cisco shares jumped over 13% after its announcement, signaling investor approval of cost reallocation toward AI, while the article frames the trend as a structural shift with mixed long-term economic implications for labor and productivity.