Amazon Confirms 14,000 Corporate Layoffs
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Amazon layoffs: What we know so far about the teams and roles affected, from internal messages
Amazon announced Tuesday that it plans to cut 14,000 corporate jobs as part of a broader effort to become leaner in an era shaped by AI.
Amazon is set to slash thousands of corporate jobs starting Oct. 28, according to multiple reports. The impending layoffs amount to the largest job reduction in the company's history, CNBC and Reuters reported, citing anonymous sources.
Amid sweeping layoffs that began throughout ecommerce giant Amazon Tuesday, the company is making "significant" changes to its video games business.
Amazon's podcast and audiobook division is also affected by the company's corporate layoffs, Business insider has learned.
The other thing that makes this seem different from past layoffs is who is affected. Amazon has already optimized its warehouses. It isn’t cutting the workers who handle packages—in fact, the company plans to hire 250,000 seasonal employees to ramp up for the holidays.
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Amazon layoffs, Qualcomm's AI chips, Airbnb cracks down on Halloween and more in Morning Squawk
Amazon CEO Andy Jassy said earlier this year that the Washington-based company could shrink its workforce by embracing AI. The firm is part of a cohort of large-cap companies that have seen their AI-related productivity increase as the technology becomes mainstream.
Amazon plans to lay off 30,000 corporate employees, nearly 10 per cent of its corporate workforce, triggering strong online backlash.