What Projected Job Cuts at These Two Mag 7 Firms Says About AI in 2027

What Projected Job Cuts at These Two Mag 7 Firms Says About AI in 2027

Amazon and Meta are both slashing jobs while pouring record billions into AI, but the strategies behind their cuts reveal something unexpected about which company actually profits from replacing its own workers.

Amazon (NASDAQ:AMZN | AMZN Price Prediction) and Meta Platforms (NASDAQ:META) both reported Q2 results in late July. Both are trimming staff while spending record sums on AI. Meta cut roughly 8,000 jobs in May. Amazon keeps automating its warehouses and its code. Put the two side by side and you get an early look at how AI will transform Big Tech payrolls in 2027.

Robots Lift Amazon While Severance Drags on Meta

AWS revenue reached $42.23B, up 37%, its fastest growth in 18 quarters. That pace shows AI demand turning into actual revenue. CEO Andy Jassy said “our AI and Chips businesses each eclipsed run rates of more than $25 billion.” In its warehouses, Amazon expects to “more than double our fleet of robotic arms like Cardinal and Sparrow in 2026” as it works to…

https://247wallst.com/investing/2026/10/12/what-projected-job-cuts-at-these-two-mag-7-firms-says-about-ai-in-2027/