News Brief
Amazon To Cut Up To 30,000 Corporate Jobs Amid Drive To Streamline Operations: Report
Amazon
Amazon is preparing to lay off as many as 30,000 corporate employees starting Tuesday (28 October), in what could become its largest round of job cuts since 2022.
The move is part of a broader cost-cutting effort to address overhiring during the pandemic and improve operational efficiency, reported Reuters.
The planned cuts would represent about 10 per cent of Amazon’s corporate workforce of roughly 350,000, though only a small portion of its 1.55 million total employees.
The reductions are expected to affect divisions including human resources known internally as People Experience and Technology (PXT) along with operations, devices and services, and Amazon Web Services (AWS).
Managers from the affected teams were reportedly briefed on Monday on how to handle staff communications, with email notifications set to begin on Tuesday morning. An Amazon spokesperson declined to comment on the development.
He said earlier this year that artificial intelligence would increasingly automate repetitive corporate tasks, a trend analysts believe is now enabling deeper workforce reductions.
Reports also suggest that a strict return-to-office policy has not produced the attrition Amazon expected, prompting the company to reassess staffing levels.
Despite the cuts, Amazon continues to gear up for the holiday season, hiring 250,000 seasonal workers, similar to previous years. The company’s shares rose 1.2 per cent to $226.97 on Monday (27 October), ahead of its third-quarter earnings announcement on Thursday.
