New York: US giant Amazon announced on Wednesday it will cut 16,000 jobs worldwide as the company tries to streamline amid its major push into AI. However, the move would not affect the distribution and warehouse workers who make up the bulk of the company's 1.5 million employees. Also read | Are Amazon Basics tech accessories worth it? Facebook owner Meta has also cut jobs over the past year, in a move intended to remove organisational bloat following aggressive hiring during the pandemic. Like other tech giants, Amazon is making massive investments to grab a slice of the AI revolution pie.