Amazon CEO Andy Jassy said Tuesday that the company expects artificial intelligence "will reduce our total corporate workforce as we get efficiency gains" over time.

UPS said it is planning to cut around 20,000 jobs and close more than 70 facilities as it scales back the number of Amazon shipments it handles.

Amazon expects to reduce corporate jobs due to AI Amazon CEO Andy Jassy is betting that generative AI will change how the company thinks about its workforce in the future.