Amazon Announces Major Corporate Layoffs Amid Cost-Cutting Measures
Amazon plans to reduce its corporate workforce by up to 30,000 jobs, effective October 28, as part of a broader effort to streamline operations and address overhiring during the pandemic. The cuts represent nearly 10% of its corporate staff, marking the largest layoff since late 2022 when the company eliminated 27,000 positions.
The move has ignited debate across the tech industry, with analysts noting Amazon's ongoing reductions in departments like devices, podcasting, and communications. The latest round is expected to impact human resources, technology, and Amazon Web Services, signaling a strategic shift in resource allocation.
Amazon declined to comment on the layoffs, leaving industry observers to speculate on the long-term implications for the tech giant's growth trajectory. The decision reflects a broader trend of corporate belt-tightening in the face of economic uncertainty.
