Amazon Plans Up to 30,000 Job Cuts Amid Corporate Restructuring

Reported about 7 hours ago

Amazon is set to eliminate as many as 30,000 corporate positions starting Tuesday, in response to overhiring during the pandemic and to reduce expenses. This cut represents nearly 10% of its corporate workforce and marks the largest reduction since late 2022. The layoffs may affect various divisions, including human resources and Amazon Web Services, as the company aims to streamline operations and adapt to increased automation and AI integration. Amazon's CEO Andy Jassy has emphasized the need to cut bureaucracy and has initiated changes to improve efficiency across the organization.

Source: YAHOO

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