Amazon announces 16,000 corporate job cuts, shaking Seattle's economy
komonews.com • • business
Key Points:
- Amazon announced layoffs affecting about 16,000 corporate employees, nearly 10% of its corporate workforce, following a previous cut of 14,000 jobs three months earlier.
- The company cited increased reliance on artificial intelligence and the need to streamline operations as reasons for the reductions.
- Local businesses, such as Seattle restaurant Kathmandu MoMoCha, which depend on Amazon workers for customer traffic, are preparing for potential economic impacts.
- Community leaders and officials expressed concern about the broader consequences of the layoffs on employees, families, and the regional economy.
- Amazon will offer affected U.S.-based employees 90 days to find other roles within the company, with severance pay and limited health benefits for those who do not secure new
