Amazon plans to cut 30,000 corporate jobs amid strategic restructuring
Amazon is poised to implement substantial layoffs, targeting its corporate workforce as part of a strategic restructuring. The company plans to reduce headcount costs by 10-15%, which could equate to approximately 30,000 job cuts, nearly 10% of its corporate employees.
This decision comes in the wake of pandemic-related overhiring and mirrors similar actions taken by other tech giants. The layoffs aim to streamline operations and invest significantly in artificial intelligence and technology infrastructure.
Affected employees will have a window of 90 days to seek new roles within the company, while Amazon Web Services (AWS) will remain untouched. This strategic shift emphasizes efficiency and a pivot towards automation, with AI expected to take on many administrative tasks.
Despite these cuts, Amazon continues to invest heavily in key areas, particularly in Europe, signaling a nuanced approach to its workforce and technological advancements.
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