Amazon Announces 14,000 Corporate Job Cuts as Part of Cost-Cutting Strategy
By
Robert Hart
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· 2 sourcesAmazon confirmed plans to cut approximately 14,000 corporate jobs globally, a figure smaller than the previously rumored 30,000 layoffs, The Verge reported. The company attributed the cuts to streamlining operations and investing in strategic priorities, with generative AI growth cited as a driving factor. Hacker News noted that senior vice president Beth Galetti stated the company needs to reorganize more leanly to capitalize on artificial intelligence opportunities.
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Summary
Amazon is cutting approximately 14,000 corporate jobs as part of its ongoing cost-cutting efforts, which is smaller than previously rumored 30,000 job losses. The company attributes the layoffs to streamlining operations and investing in strategic priorities, with generative AI growth cited as a factor driving these organizational changes.
Key quotes
· 4 pulledAmazon is planning to axe around 14,000 corporate jobs.
The mass layoffs were expected as part of the company's cost-cutting drive, but are smaller than the 30,000 job losses previous reports had indicated.
The reductions we're sharing today are a continuation of this work to get even stronger by further reducing bureaucracy, removing layers, and shifting resources to ensure we're investing in our biggest bets and what matters most to our customers' current and future needs.
Amazon blamed the 'transformative' growth of generative AI for reductions, announcing 14,000 layoffs.
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