Amazon Layoffs: E-commerce giant Amazon is going to lay off around 30,000 corporate employees, which will impact several divisions of the company. The company has not yet responded, but reports claim that Amazon aims to reduce demand and expenses during the COVID-19 pandemic and compensate for this by hiring more. It is believed that Amazon employees will be informed via email today. The company employs over 1.54 million people globally, including warehouse workers.
Amazon Layoffs
Amazon has eliminated more than 27,000 jobs through small rounds of layoffs since 2022. In just a few months, its cloud, devices, communications, and retail divisions have faced significant headcount reductions. According to reports, the job cuts, which begin this week, could impact various Amazon departments, including human resources, People Experience and Technology, Amazon Web Services (AWS), and devices and services.
Amazon Job Cut: Up to 15% reduction
The company plans to cut its human resources workforce by up to 15 per cent, and reductions are also expected across several divisions. The new layoffs come as part of Amazon CEO Andy Jassy’s multi-year cost-cutting strategy, which aims to remove layers and flatten organizations to make Amazon more agile.
Job Layoffs: 98,000 employees laid off
More than 200 tech companies have laid off nearly 98,000 employees this year, including major companies like Microsoft, Meta, Google, and Intel. Microsoft alone has eliminated 15,000 jobs by 2025, while Meta cut 600 jobs from its AI unit last week. Google has cut more than 100 designer positions in its cloud department, and Intel leads the way with 22,000 layoffs this year. Salesforce has also cited AI as a key reason for its recent employee layoffs.
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