1srelluc
Diamond Member
Amazon is planning to cut as many as 30,000 corporate jobs beginning on Tuesday, as the company works to pare expenses and compensate for overhiring during the peak demand of the pandemic, according to three people familiar with the matter.
The figure represents a small percentage of Amazon’s 1.55 million total employees, but nearly 10% of the company’s roughly 350,000 corporate employees. This would represent the largest job cut at Amazon since around 27,000 jobs were eliminated starting in late 2022.
An Amazon spokesperson declined to comment.
It's hard to imagine that they can identify 30K management jobs that are redundant. Wonder how they got hired in the first place. Covid hires?
Perhaps AI showed Amazon how much money they could save in middle management cuts.
Should be good for their stock price.
