Amazon to Cut 30,000 Corporate Jobs in Major Restructuring Effort

Amazon is set to eliminate around 30,000 corporate positions, reflecting nearly 10% of its corporate workforce. This decision arises from a strategic response to overhiring during the pandemic.

CEO Andy Jassy aims to streamline operations by reducing unnecessary bureaucracy and managerial roles, particularly in sectors like human resources and technology. The job cuts, which represent the largest reduction since late 2022, coincide with the company's increased investment in artificial intelligence and data infrastructure.

As competitors like Microsoft and Target also implement layoffs, Amazon's move underscores a broader trend of corporate recalibration in the evolving economic landscape.