Amazon's Largest Corporate Job Cut Set to Begin Amid Strategic Restructuring
Amazon plans to lay off 30,000 corporate employees to cut costs following pandemic overhiring. This move impacts several divisions, with potential additional cuts as corporate priorities shift. CEO Andy Jassy aims to streamline operations, utilizing AI for automation. The job cuts could affect the company’s share prices.
In a significant turn of events, Amazon is gearing up to lay off as many as 30,000 corporate employees. This decision comes as part of the tech giant's efforts to streamline operations and manage expenses following a surge in hiring during the COVID-19 pandemic.
The layoffs, which represent nearly 10% of Amazon's corporate workforce, mark the company's largest job cut since late 2022. Among the hardest hit divisions are human resources—referred to internally as People Experience and Technology—devices and services, and operations.
CEO Andy Jassy has emphasized reducing bureaucracy and improving efficiency. The introduction of AI tools for automating routine tasks is expected to play a key role in further job reductions. Amazon's financial outlook may necessitate additional adjustments, though specifics remain undetermined.
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