Amazon is preparing to launch its largest-ever round of corporate layoffs, cutting up to 30,000 jobs starting Tuesday, according to reports from CNBC and Reuters. The cuts will span nearly all divisions, marking one of the biggest tech layoffs since 2020. CEO Andy Jassy’s cost-cutting push aims to streamline operations and reduce management layers as Amazon increasingly adopts generative AI, which is expected to reshape its workforce. The company, which employs 1.54 million people worldwide—including about 350,000 in corporate roles—has already eliminated 27,000 jobs since 2022 amid broader tech-industry downsizing. They write:
Amazon is preparing to announce sweeping job cuts beginning Tuesday, CNBC has learned.
The layoffs will amount to the largest cuts to Amazon’s corporate workforce in the company’s history, spanning almost every business, according to a person familiar with the matter, who asked not to be named because the details are confidential. […]
The company plans to lay off as many as 30,000 staffers across its corporate workforce, according to Reuters, which first reported the news. […]
The steepest year for job cuts in tech came in 2023, as the industry reckoned with soaring inflation and rising interest rates. Close to 1,200 tech companies slashed over 260,000 jobs, the site said.
Over the past year, companies across industries including tech, banking, auto and retail have also pointed to the rise of generative AI as a force that’s likely to or already changing size of their workforces. […]
“It’s hard to know exactly where this nets out over time, but in the next few years, we expect that this will reduce our total corporate workforce,” Jassy said in the June memo to staff.
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