After Meta’s recent layoffs in its AI division, news emerges that Amazon is set to cut 30,000 corporate positions starting Tuesday (October 28), marking its largest workforce reduction since 2022.
According to a Reuters report, the cuts, which represent nearly a sizable 10 per cent of its roughly 350,000 corporate employees, appears to be not as significant considering its 1.55 million workforce. In its earlier largest job cut in 2022, Amazon had eliminated around 27,000 jobs.
The company is resorting to the layoffs to reduce expenses and compensation for over-hiring when demand was high in the pandemic era, said the report quoting three people familiar with the matter. Amazon spokesperson has, however, declined to comment to the report.
The impact
The layoffs are expected to impac

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