Amazon Plans 30,000 Corporate Job Cuts

Amazon (company) is preparing for a second major round of corporate job cuts, aiming to eliminate up to 30,000 positions in total. This follows an initial round in October that cut 14,000 white-collar jobs. The upcoming layoffs, expected to begin next week, will affect units such as Amazon Web Services (AWS), retail, Prime Video, and People Experience and Technology (PXT). CEO Andy Jassy has attributed these reductions to the company's culture, citing too many layers of management and bureaucracy, rather than solely financial or AI-driven reasons. While AI is seen as a tool for efficiency, Jassy emphasized the need for Amazon (company) to operate more like a startup. This move represents the largest layoff in Amazon (company)'s three-decade history and is part of a broader trend among large technology companies, including Meta Platforms, to streamline operations and reduce reliance on human capital through AI integration.