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One in Nine: Amazon Prepares for Massive Layoff of 30,000 Corporate Staff
Tech giant Amazon is reportedly preparing for another massive round of layoffs, with plans to cut as many as 30,000 employees. According to Reuters, layoff notices will begin rolling out via email on Tuesday local time. The article notes that, using 2023 data, Amazon employed approximately 350,000 corporate staff, meaning roughly one in every nine employees will be affected. The layoffs are said to span multiple divisions, including logistics, payments, gaming, and AWS.
It also notes that Amazon's last major workforce reduction occurred in 2023, when headcount was around 350,000. The piece mentions the company has shifted to a more cautious hiring approach after tripling its workforce between 2017 and 2022, while increasing investment in artificial intelligence.