Amazon, Intel, Morgan Stanley, Goldman Sachs plan job cuts

Several global companies, including Amazon, Morgan Stanley, and Goldman Sachs, reportedly plan major job cuts in 2025 to cut costs and Streamline operations in AI. The rise of AI and global economic uncertainties are key reasons behind these layoffs. According to reports, Chipmaker major Intel is also expected to restructure and lay off its employees under its new CEO, Lip-Bu Tan.