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Amazon CEO Andy Jassy said the company will reduce its workforce, and Microsoft is reportedly planning thousands of layoffs, just as the two companies invest billions in AI.

Amazon has said it will invest £40bn in the UK over the next three years as it creates thousands of jobs and opens four new warehouses.

Amazon announced its millionth worker robot, and said its entire fleet will be powered by a newly launched generative artificial intelligence model.

After Amazon CEO Andy Jassy told staff that AI will reduce headcount, commentators say other companies may now feel able to do the same.

Amazon's CEO, Andy Jassy, says AI will transform jobs at the company. The tech will create new jobs in robotics and AI, despite automating some existing roles, he said.

In this Sunday edition of Business Insider Today, we're talking about Andy Jassy and other CEOs' message to workers about AI's job impact.