Amazon braces for another major round of layoffs, 14,000 jobs at risk
mynorthwest.com • • business
Key Points:
- Amazon is expected to conduct a second round of layoffs next week, potentially cutting around 30,000 employees in total after an initial 14,000 layoffs in October, affecting departments including AWS, retail, Prime Video, and People Experience and Technology.
- The October layoffs represented about 4% of Amazon’s corporate workforce, with employees given 90 days to seek internal positions, as the company shifts spending toward AI while reducing costs elsewhere.
- Amazon’s total workforce is approximately 1.56 million, with around 350,000 corporate employees, and CEO Andy Jassy has indicated that generative AI investments may lead to further workforce reductions in coming years.
- Despite layoffs, Amazon is investing heavily in AI and cloud infrastructure,
